Sector Update: Tech

Tuesday, November 24, 2020 3:47 PM | MT Newswires

Technology stocks extended their Tuesday advance this afternoon, with the SPDR Technology Select Sector ETF Tuesday climbing 1.3% although the Philadelphia Semiconductor Index was rising just 0.2%. In company news, Alphabet (GOOG,GOOGL) was 2% higher this afternoon, bouncing back from a small decline earlier Tuesday, amid an ET Now of India report its Google unit is close to buying Indian social media platform ShareChat for $1 billion or more.

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