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Sector Update: Tech
Aug 14, 2024 1:04 PM

03:34 PM EDT, 08/14/2024 (MT Newswires) -- Tech stocks were mixed late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.1% and the SPDR S&P Semiconductor ETF (XSD) falling 1.5%.

The Philadelphia Semiconductor index shed 0.8%.

In corporate news, Apple ( AAPL ) said Wednesday that starting with iOS 18.1, developers will be able to offer contactless transactions from within their own apps on iPhone, separate from Apple Pay and Apple Wallet. Separately, the tech giant is pushing ahead with the development of a tabletop home device that has an iPad-like display and a robotic limb, Bloomberg reported Wednesday. Apple ( AAPL ) shares were marginally higher.

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