03:33 PM EDT, 05/02/2024 (MT Newswires) -- Tech stocks were gaining late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 1.5% and the SPDR S&P Semiconductor ETF (XSD) rising 2.1%.

The Philadelphia Semiconductor index climbed 2.4%.

In corporate news, Diebold Nixdorf ( DBD ) shares jumped 11% after it swung to profit in Q1.