08:48 AM EDT, 07/24/2024 (MT Newswires) -- Technology stocks were declining premarket Wednesday as the Technology Select Sector SPDR Fund (XLK) was down 1.4% and the SPDR S&P Semiconductor ETF (XSD) was 1.2% lower recently.

Seagate Technology Holdings ( STX ) advanced by 3% after the company reported overnight that it swung to fiscal Q4 earnings with sales jumping more than forecast.