01:21 PM EST, 12/03/2024 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) fractionally lower and the SPDR S&P Semiconductor ETF (XSD) rising 2%.

The Philadelphia Semiconductor index shed 0.4%.

In corporate news, Palantir ( PLTR ) said it received FedRAMP "high authorization" for its cloud services, opening the door for more of its offerings to US government units. Its shares were up 5.3%.