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Sector Update: Tech
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Sector Update: Tech
Mar 15, 2024 6:14 AM

08:57 AM EDT, 03/15/2024 (MT Newswires) -- Technology stocks were steady to lower premarket Friday as the Technology Select Sector SPDR Fund (XLK) was down 0.3% and the SPDR S&P Semiconductor ETF (XSD) was flat.

Jabil ( JBL ) was down by nearly 8% after it reported lower fiscal Q2 non-GAAP earnings and net revenue. The company also lowered its full-year outlook for non-GAAP diluted EPS and net revenue.

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