Sector Update: Tech

MT Newswires Live03:22

Tech stocks were mixed late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.6% and the State Street SPDR S&P Semiconductor ETF (XSD) fractionally lower.

The Philadelphia Semiconductor index increased 0.8%.

In corporate news, Cerebras Systems (CBRS) stock was up more than 76% in Thursday trading following its Nasdaq debut.

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