03:29 PM EDT, 04/29/2024 (MT Newswires) -- Tech stocks rose late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) increasing 0.2% and the SPDR S&P Semiconductor ETF (XSD) up 1.6%.

The Philadelphia Semiconductor index gained 0.3%.

In corporate news, Complete Solaria ( CSLR ) said Monday it appointed Executive Chair T.J. Rodgers as chief executive and promoted Chief Financial Officer Brian Wuebbels to chief operating officer. Its shares soared 83%.