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Sector Update: Tech
Oct 17, 2024 1:48 PM

01:41 PM EDT, 10/16/2024 (MT Newswires) -- Tech stocks rose Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) climbing 0.7%.

The Philadelphia Semiconductor index added 0.6%.

In corporate news, ASML ( ASML ) shares tumbled 6.4%, extending losses from Tuesday after fiscal Q3 results were accidentally published ahead of schedule and 2025 guidance trailed estimates.

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