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Sector Update: Tech
May 9, 2024 12:59 PM

03:33 PM EDT, 05/09/2024 (MT Newswires) -- Tech stocks were mixed late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) shedding 0.1% and the SPDR S&P Semiconductor ETF (XSD) up 0.3%.

The Philadelphia Semiconductor index fell 0.5%.

In corporate news, Trade Desk ( TTD ) shares spiked almost 3% after the company on Wednesday posted better-than-expected Q1 results.

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