03:29 PM EST, 12/13/2024 (MT Newswires) -- Tech stocks advanced late Friday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.4% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.3%.

The Philadelphia Semiconductor index popped 3.5%.

In corporate news, WISeKey ( WKEY ) shares more than doubled as the WISeSat.Space subsidiary plans to launch satellites in partnership with SpaceX on Jan. 14 from California's Vandenberg Space Force Base.