Sector Update: Tech

Last Updated: Friday, July 1, 2022 3:45 PM | MT Newswires

Technology stocks were edging higher on Friday, with the SPDR Technology Select Sector ETF (XLK) climbing 0.3% although the Philadelphia Semiconductor Index was still plunging 3.6% this afternoon. In other company news, Sensata Technologies (ST) declined 2.3% after the sensors company Friday announced the sale of its Qinex semiconductor thermal testing and control business to privately held Boyd Corp. for $219 million.

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