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Sector Update: Tech
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Sector Update: Tech
Nov 21, 2024 6:44 PM

01:34 PM EST, 11/21/2024 (MT Newswires) -- Tech stocks rose Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 1.2% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.3%.

The Philadelphia Semiconductor index added 1.6%.

In corporate news, Alphabet's (GOOG) Google ( GOOG ) must sell its Chrome browser and take other major steps to end its monopoly on internet searches, the US Justice Department and a group of states said Wednesday in a court filing. Alphabet shares tumbled 5.2%.

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