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Sector Update: Tech
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Sector Update: Tech
Jul 16, 2024 1:04 PM

03:30 PM EDT, 07/16/2024 (MT Newswires) -- Tech stocks were mixed in late Tuesday afternoon trading with the Technology Select Sector SPDR Fund (XLK) decreasing 0.5% and the SPDR S&P Semiconductor ETF (XSD) rising 1.4%.

The Philadelphia Semiconductor index gained 0.1%.

In corporate news, Eventbrite ( EB ) shares jumped 22% after the company partnered with TikTok to let creators promote events and sell tickets using its links inside the social media app.

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