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Sector Update: Tech
Jul 23, 2026 6:05 AM

08:54 AM EDT, 07/23/2026 (MT Newswires) -- Technology stocks were mixed premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.8% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.1% higher.

Alphabet's (GOOG, GOOGL) Google ( GOOG ) was fined a total of 890 million euros ($1.04 billion) by the European Commission on Thursday after the regulator found the company violated the Digital Markets Act through self-preferencing in Google Search and anti-steering practices on Google Play. Shares of Alphabet were down more than 4% pre-bell.

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