Tech Sector Update: Growth in Tech Stocks and Semiconductor ETFs

Wednesday, 10 July 2024, 17:47

Tech stocks are on the rise, with the Technology Select Sector SPDR Fund (XLK) increasing by 1% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.3%. The Philadelphia Semiconductor index also saw a notable 2.1% uptick. On the other hand, Intuit NASDAQ:INTU shares experienced a 3.3% decline following an announcement from the company.

TradingView — Tech Sector Update: Growth in Tech Stocks and Semiconductor ETFs

Tech Sector Update

Exciting developments in the technology sector as tech stocks and semiconductor ETFs show an upward trend.

Key Highlights:

Technology Select Sector SPDR Fund (XLK) rose by 1%.
SPDR S&P Semiconductor ETF (XSD) climbed 2.3%.
Philadelphia Semiconductor index advanced 2.1%.
Intuit NASDAQ:INTU shares fell 3.3% after a company statement.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Tech Sector Update

Key Highlights:

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