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Sector Update: Tech
Nov 19, 2025 6:27 AM

08:53 AM EST, 11/19/2025 (MT Newswires) -- Technology stocks were advancing premarket Wednesday, with The Technology Select Sector SPDR Fund (XLK) up 0.4% and the iShares Expanded Tech Sector ETF (IGM) 0.8% higher.

Adobe (ADBE) said it has agreed to acquire Semrush Holdings ( SEMR ) in an all-cash deal valued at roughly $1.90 billion. Semrush Holdings ( SEMR ) shares were up more than 74% pre-bell.

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