Sector Update: Tech-May 2024-www.financetom.com

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Sector Update: Tech

Jun 25, 2024 11:04 AM

01:38 PM EDT, 06/25/2024 (MT Newswires) -- Tech stocks were higher Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.3% and the SPDR S&P Semiconductor ETF (XSD) adding 0.6%.

The Philadelphia Semiconductor index was up 1.2%.

In corporate news, TD Synnex ( SNX ) shares tumbled nearly 9% after reporting lower-than-estimated fiscal Q2 results.

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