08:50 AM EDT, 10/30/2024 (MT Newswires) -- Technology stocks were declining premarket Wednesday, with The Technology Select Sector SPDR Fund (XLK) down 0.5% and the SPDR S&P Semiconductor ETF (XSD) 1.5% lower.

Garmin ( GRMN ) shares were up past 14% after the company reported higher Q3 non-GAAP earnings and net sales in addition to raising its fiscal 2024 guidance.