12:55 PM EDT, 09/08/2025 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.7% and the SPDR S&P Semiconductor ETF (XSD) adding 0.8%.

The Philadelphia Semiconductor index rose 0.6%.

In corporate news, AppLovin ( APP ) shares jumped past 10% after S&P Dow Jones Indices said the company will replace MarketAxess (MKTX) in the S&P 500, effective Sept. 22.