Tech stocks advanced late Friday afternoon with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.9% and the State Street SPDR S&P Semiconductor ETF (XSD) jumping 3.6%.
The Philadelphia Semiconductor index climbed 2.4%.
In corporate news, Satellogic (SATL) shares rose 6.3% after the company launched its first Merlin.01 and three NewSat satellites aboard a SpaceX (SPCX) Falcon 9 from Vandenberg Space Force Base in California on Thursday. SpaceX shares surged 7.6%.
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