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Sector Update: Tech
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Sector Update: Tech
Sep 6, 2024 1:31 PM

03:30 PM EDT, 09/06/2024 (MT Newswires) -- Tech stocks were in the red late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) dropping 2.3% and the SPDR S&P Semiconductor ETF (XSD) falling 3.5%.

The Philadelphia Semiconductor index slumped 3.8%.

In corporate news, DocuSign ( DOCU ) shares popped 4.4%. The company slightly lifted its full-year revenue outlook late Thursday as it recorded better-than-expected fiscal Q2 results.

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