03:35 PM EDT, 10/07/2024 (MT Newswires) -- Tech stocks were falling late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 0.8% and the SPDR S&P Semiconductor ETF (XSD) dropping 1.2%.

The Philadelphia Semiconductor index was shedding 0.7%.

In corporate news, Amazon.com's ( AMZN ) motion to dismiss an antitrust lawsuit brought by the Federal Trade Commission and several states was denied in part and granted in part by US District Judge John Chun in Seattle, court documents revealed Monday. Amazon ( AMZN ) shares were falling 3.2%.