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Sector Update: Tech

Jul 25, 2024 6:32 AM

08:44 AM EDT, 07/25/2024 (MT Newswires) -- Technology stocks were mixed premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was up 0.2% and the SPDR S&P Semiconductor ETF (XSD) was 3.3% lower recently.

STMicroelectronics ( STM ) shares declined by over 12% after it reported lower fiscal Q2 earnings and net revenue.

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