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Sector Update: Tech
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Sector Update: Tech
Dec 31, 2024 1:09 PM

03:32 PM EST, 12/31/2024 (MT Newswires) -- Tech stocks fell late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.6% and the SPDR S&P Semiconductor ETF (XSD) down 0.4%.

The Philadelphia Semiconductor index fell 0.5%.

In corporate news, Bit Digital ( BTBT ) signed a master service agreement with an AI compute fund managed by DNA Holdings Venture to provide 576 Nvidia H200 graphics processing units over two years. Bit Digital ( BTBT ) shares dropped 1.2%.

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