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Sector Update: Tech
Sep 6, 2024 6:47 AM

08:47 AM EDT, 09/06/2024 (MT Newswires) -- Technology stocks were flat to lower premarket Friday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was recently down 0.2%.

Broadcom ( AVGO ) shares fell by over 6% after the company guided for a fiscal Q4 revenue of about $14 billion, narrowly missing the $14.04 billion forecast from analysts polled by Capital IQ.

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