Sector Update: Tech

MT Newswires Live

04/03

Tech stocks were higher Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) up 0.4% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 0.6%.

The Philadelphia Semiconductor index decreased 0.3%.

In corporate news, Penguin Solutions (PENG) shares jumped nearly 14% after the firm reported better-than-expected fiscal Q2 results.

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