Sector Update: Tech

, MT Newswires -  3:36 PM ET 3/24/2025 default

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03:36 PM EDT, 03/24/2025 (MT Newswires) -- Tech stocks rose late Monday afternoon with the Technology Select Sector SPDR Fund (XLK) gaining 2% and the SPDR S&P Semiconductor ETF (XSD) jumped 3.6%.

The Philadelphia Semiconductor index climbed 3.2%.

In corporate news, Ten Holdings ( XHLD ) shares soared 49%. The company will add conversational AI solutions to its service offering in partnership with V-Cube, its controlling shareholder.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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