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Sector Update: Tech
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Sector Update: Tech
Apr 29, 2024 6:03 AM

08:36 AM EDT, 04/29/2024 (MT Newswires) -- Technology stocks were flat to higher premarket Monday, with the SPDR S&P Semiconductor ETF (XSD) inactive and the Technology Select Sector SPDR Fund (XLK) up 0.6% recently.

Apple's ( AAPL ) operating system for iPads is now designated as a gatekeeper under the EU's Digital Markets Act, the European Commission said. The commission said it found that Apple's ( AAPL ) iPadOS "constitutes an important gateway for business users to reach end users, and that Apple ( AAPL ) enjoys an entrenched and durable position with respect to iPadOS." Apple ( AAPL ) was more than 2% higher pre-bell.

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