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Sector Update: Tech

Sep 21, 2024 5:10 AM

01:31 PM EDT, 09/18/2024 (MT Newswires) -- Tech stocks were mixed Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.4% and the SPDR S&P Semiconductor ETF (XSD) up 0.1%.

The Philadelphia Semiconductor index was up 0.1%.

In corporate news, Alphabet (GOOG) unit Google ( GOOG ) has won its appeal against a 1.49 billion euro ($1.66 billion) fine imposed by the European Commission about five years ago for alleged abusive practices in online advertising. Alphabet shares were up 0.1%.

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