01:31 PM EDT, 10/25/2024 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.3%.

The Philadelphia Semiconductor index rose 2%.

In corporate news, Alphabet's (GOOG) Waymo autonomous vehicle unit said Friday it has closed an oversubscribed $5.6 billion funding round. Alphabet shares added 1.4%.