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Sector Update: Tech
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Sector Update: Tech
Jun 7, 2024 1:10 PM

03:30 PM EDT, 06/07/2024 (MT Newswires) -- Tech stocks were mixed late Friday afternoon with the Technology Select Sector SPDR Fund (XLK) increasing 0.2% and the SPDR S&P Semiconductor ETF (XSD) falling 2.2%.

The Philadelphia Semiconductor index fell 0.5%.

In corporate news, Yext ( YEXT ) , a software maker that promotes company information in search directories and websites, is getting ready to explore a sale after attracting takeover interest, Reuters reported. Yext ( YEXT ) shares jumped 9.1%.

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