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Sector Update: Tech

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Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) increasing 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.3%.

The Philadelphia Semiconductor index climbed 1.8%.

In corporate news, Alphabet's (GOOGL) Google agreed to purchase a broad set of Spirit Airlines' enterprise data and internally developed software assets for $10 million under a bill of sale filed Friday in the US Bankruptcy Court for the Southern District of New York. Alphabet shares were down 0.6%.

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Sector Update: Financial Stocks Edge Lower Late Afternoon

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