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Sector Update: Tech
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Sector Update: Tech
Sep 11, 2024 12:16 AM

01:39 PM EDT, 09/10/2024 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 0.6% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.8%.

The Philadelphia Semiconductor index eased 0.2%.

In corporate news, Oracle (ORCL) shares jumped past 11% after several analysts raised their price targets on the stock after the company's fiscal Q1 results exceeded market expectations.

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