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Sector Update: Tech
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Sector Update: Tech
Apr 22, 2026 6:16 AM

08:53 AM EDT, 04/22/2026 (MT Newswires) -- Technology stocks were rising premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.8% and the State Street SPDR S&P Semiconductor ETF (XSD) 2.1% higher.

Palantir Technologies ( PLTR ) and the US Department of Agriculture said they have signed a $300 million blanket purchase agreement to support the agency's National Farm Security Action Plan. Shares of Palantir Technologies ( PLTR ) were up more than 1% pre-bell.

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