03:31 PM EST, 01/02/2025 (MT Newswires) -- Tech stocks were mixed late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.3% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.4%.

The Philadelphia Semiconductor index rose 1%.

In corporate news, SuperCom ( SPCB ) shares surged 51% after it said Thursday it secured two new contracts with unnamed agencies in Kentucky to deploy public safety technologies.