01:35 PM EDT, 10/09/2024 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.1%.

The Philadelphia Semiconductor index added 0.6%.

In corporate news, Alphabet's (GOOG) Google ( GOOG ) is facing a potential breakup of its search business by the US Department of Justice, according to a Tuesday court filing. Alphabet shares were down 2.2%.