01:28 PM EST, 12/09/2024 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.5% and the SPDR S&P Semiconductor ETF (XSD) rising 0.9%.

The Philadelphia Semiconductor index shed 0.6%.

In corporate news, China's State Administration for Market Regulation is investigating Nvidia ( NVDA ) on suspicion of anti-monopoly law breaches, Bloomberg reported. Nvidia ( NVDA ) shares fell 2%.