01:38 PM EDT, 08/12/2024 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) decreasing 0.2%.

The Philadelphia Semiconductor index rose 0.7%.

In corporate news, Monday.com ( MNDY ) shares jumped past 11%. The company reported better-than-expected Q2 results and lifted its full-year revenue outlook.