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Sector Update: Tech
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Sector Update: Tech
Nov 4, 2024 12:57 PM

03:28 PM EST, 11/04/2024 (MT Newswires) -- Tech stocks were higher late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) adding 0.1%.

The Philadelphia Semiconductor index was fractionally higher.

In corporate news, Meta Platforms ( META ) said Monday it is allowing US government agencies and contractors to use its open-source Llama artificial intelligence models for defense and national security applications. Meta shares were falling 1%.

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