03:39 PM EST, 02/20/2025 (MT Newswires) -- Tech stocks were lower late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) shedding 0.5% and the SPDR S&P Semiconductor ETF (XSD) easing 0.2%.

The Philadelphia Semiconductor index declined 0.3%.

In corporate news, CoStar ( CSGP ) is planning a bid worth 2.7 billion Australian dollars ($1.72 billion) for Australian property listings company Domain, Reuters reported. CoStar ( CSGP ) shares were falling 1.5%.