Tech Shares Slip After Rally - Technology Roundup
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Dow Jones
The technology sector stocks were flat following Friday's rally.
The Technology Select Sector SPDR ETF, or XLK, declined slightly.
Taiwan Semiconductor Manufacturing gained after reporting it would receive up to $6.6 billion from the U.S. government for a factory complex under construction in Phoenix.
Amazon.com shares inched higher, closing $1.08 short of its 52-week high.
Perion Network shares slid 41% following lowered guidance for 2024 due to a decline in search advertising activity stemming from modifications made by Microsoft's Bing search engine.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
April 08, 2024 17:10 ET (21:10 GMT)
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