03:28 PM EST, 12/19/2024 (MT Newswires) -- Tech stocks were mixed in late Thursday afternoon trading with the Technology Select Sector SPDR Fund (XLK) rising 0.6% and the SPDR S&P Semiconductor ETF (XSD) falling 1.1%.

The Philadelphia Semiconductor index dropped 0.9%.

In corporate news, Western Digital ( WDC ) shares slumped 5.3% after Benchmark downgraded the stock to hold from buy.