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Sector Update: Tech
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Sector Update: Tech
May 1, 2024 6:05 AM

08:41 AM EDT, 05/01/2024 (MT Newswires) -- Technology stocks were flat to lower premarket Wednesday, with the SPDR S&P Semiconductor ETF (XSD) inactive and the Technology Select Sector SPDR Fund (XLK) down 0.6%.

Super Micro Computer ( SMCI ) shares were down nearly 10% after the company's fiscal Q3 net sales grew slower than forecast by Capital IQ analysts.

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