Sector Update: Tech

Tech stocks were mixed late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.1% and the SPDR S&P Semiconductor ETF (XSD) jumping 2.8%.

The Philadelphia Semiconductor index gained 2.5%.

In corporate news, Rubrik's RRBRK shares surged 19% in their debut on the New York Stock Exchange after the opening at $38.60 topped the initial public offering price at $32.