01:33 PM EDT, 10/22/2024 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the SPDR S&P Semiconductor ETF (XSD) up 0.1%.

The Philadelphia Semiconductor index shed 0.6%.

In corporate news, Altair Engineering ( ALTR ) , an engineering software maker, is exploring a sale after receiving acquisition interest, Reuters reported. Its shares jumped 7.6%.