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Sector Update: Tech
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Sector Update: Tech
May 7, 2024 1:38 PM

03:36 PM EDT, 05/07/2024 (MT Newswires) -- Tech stocks were mixed late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF (XSD) adding 0.1%.

The Philadelphia Semiconductor index fell 0.6%.

In corporate news, Apple ( AAPL ) unveiled its latest tablets, including the iPad Pro with its new M4 chip. The stock rose 0.5%.

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