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Sector Update: Tech
Sep 2, 2025 6:04 AM

08:54 AM EDT, 09/02/2025 (MT Newswires) -- Technology stocks were declining pre-bell Tuesday, with the Technology Select Sector SPDR Fund (XLK) down 1.6% and the SPDR S&P Semiconductor ETF (XSD) 2% lower.

Intel ( INTC ) said late Friday that it has amended its Direct Funding Agreement with the US Department of Commerce to remove several project milestones, and received the full $5.70 billion in accelerated disbursements. Intel ( INTC ) shares were down more than 2% premarket.

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