08:44 AM EDT, 08/15/2024 (MT Newswires) -- Technology stocks were advancing premarket Thursday with the Technology Select Sector SPDR Fund (XLK) up 1.1% and the SPDR S&P Semiconductor ETF (XSD) 2.3% higher recently.

Cisco Systems ( CSCO ) shares rose past 8% after it reported a slower-than-anticipated decline in fiscal Q4 earnings and sales, and outlined a restructuring program.