Shares of technology companies rose to test all-time highs amid deal activity.

Xerox Holdings has struck a deal for Lexmark International that values the maker of printers and printing software at $1.5 billion, including debt.

Tencent's largest shareholder, Prosus, plans to buy Latin American online travel agency Despegar for $1.7 billion as part of its expansion in the region.

Most cryptocurrency-related stocks continued their recent decline alongside bitcoin. The price of bitcoin closed under $94,000 for the first time since Nov. 26.

Shares of MicroStrategy, a software firm that has invested heavily in bitcoin, slid by almost 9% despite Monday marking its official addition to the Nasdaq 100 index.

MicroStrategy disclosed another bitcoin purchase, spending about $561 million on the digital currency in the week ended Sunday, Dec. 22, when prices were above $100,000.

Rumble stock surged after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether.

The SPDR Select Sector Technology exchange-traded fund, which tracks the tech industry group of the S&P 500, closed near all-time highs, up about 27% for the year to date.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

12-23-24 1741ET