01:34 PM EST, 11/12/2024 (MT Newswires) -- Tech stocks were lower Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF (XSD) falling 2.4%.

The Philadelphia Semiconductor index dropped 1.5%.

In corporate news, Alphabet's (GOOG) Waymo unit said Tuesday its self-driving robotaxi service is now open to all in Los Angeles. Waymo said it started commercial operations in Los Angeles earlier this year and 300,000 people joined its waitlist. Alphabet shares rose 0.5%.