01:37 PM EDT, 05/09/2024 (MT Newswires) -- Tech stocks were mixed Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.1% and the SPDR S&P Semiconductor ETF (XSD) up 0.5%.

The Philadelphia Semiconductor index fell 0.5%.

In corporate news, Equinix ( EQIX ) shares surged over 10% after the company late Wednesday reported that Q1 adjusted funds from operations grew more than forecast.