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Sector Update: Tech

May 3, 2024 6:22 AM

08:45 AM EDT, 05/03/2024 (MT Newswires) -- Technology stocks were advancing premarket Friday with the Technology Select Sector SPDR Fund (XLK) up 2.4% and the SPDR S&P Semiconductor ETF (XSD) 2.1% higher recently.

Apple ( AAPL ) rose past 7% after the company's earnings and sales beat market expectations while announcing an additional share buyback program.

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