Sector Update: Tech

MT Newswires Live

02/24

Tech stocks were lower late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 2% and the State Street SPDR S&P Semiconductor ETF (XSD) down 1.8%.

The Philadelphia Semiconductor index decreased 1.2%.

In corporate news, Palantir Technologies (PLTR) has filed a lawsuit against Swiss magazine Republik, which published articles revealing the company's failed attempts to win federal contracts from the Swiss government, the Financial Times reported. Palantir shares were down 3.9%.

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Palantir shares were down 3.9%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1894683264.USD","symbol_name":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2613732143","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613732143","pubTimestamp":1771878826,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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