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Sector Update: Tech
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Sector Update: Tech
Nov 3, 2024 11:04 AM

03:34 PM EDT, 10/24/2024 (MT Newswires) -- Tech stocks rose late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 0.4% and the SPDR S&P Semiconductor ETF (XSD) up 0.1%.

The Philadelphia Semiconductor index gained 0.6%.

In corporate news, Pegasystems ( PEGA ) shares jumped 15%, a day after Q3 adjusted earnings topped estimates.

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