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Sector Update: Tech
May 17, 2024 6:21 AM

08:48 AM EDT, 05/17/2024 (MT Newswires) -- Technology stocks were mixed pre-bell Friday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was recently up by 0.2%.

DXC Technology ( DXC ) shares fell by over 23% after the company reported lower fiscal Q4 non-GAAP earnings and revenue. The company also issued Q1 and fiscal 2025 estimates that missed projections from analysts polled by Capital IQ.

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