03:39 PM EDT, 04/18/2024 (MT Newswires) -- Tech stocks were in the red late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) dropping 1% and the SPDR S&P Semiconductor ETF (XSD) falling 1.8%.

The Philadelphia Semiconductor index was down 1.5%.

In corporate news, VirTra ( VTSI ) shares surged 17% after the company said it had won a $5.9 million order for prototypes to support the US Army's Integrated Visual Augmentation System program.