08:45 AM EDT, 10/07/2024 (MT Newswires) -- Technology stocks were declining pre-bell Monday as the Technology Select Sector SPDR Fund (XLK) was down 0.5% and the SPDR S&P Semiconductor ETF (XSD) was 0.2% lower recently.

EPAM Systems ( EPAM ) shares fell by 4% after the company said it struck a deal to acquire First Derivative, a managed services and consulting firm specializing in the capital markets.