Sector Update: Tech

Last Updated: Monday, October 18, 2021 1:22 PM | MT Newswires

Technology stocks were higher, with the SPDR Technology Select Sector ETF (XLK) Monday rising 0.7% while the Philadelphia Semiconductor Index was advancing 0.4% this afternoon. In company news, CDW (CDW) climbed 4.2% after the information technology company announced plans to acquire Sirius Computer Solutions from private equity investors Clayton, Dubilier & Rice for $2.5 billion in cash, subject to regulatory approvals and other customary conditions.

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