03:30 PM EDT, 10/11/2024 (MT Newswires) -- Tech stocks were rising late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.4%.

The Philadelphia Semiconductor index rose 1%.

In corporate news, JFrog ( FROG ) has drawn takeover interest from potential buyers, Bloomberg reported. JFrog ( FROG ) shares jumped 4.7%.