03:28 PM EDT, 09/12/2024 (MT Newswires) -- Tech stocks were mixed in late Thursday afternoon trading with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.5%.

The Philadelphia Semiconductor index was down 0.1%.

In corporate news, Micron Technology ( MU ) shares fell 4% as BNP Paribas Exane downgraded its rating on the stock to underperform from overperform and cut its price target to $67 from $140.