08:47 AM EST, 11/08/2024 (MT Newswires) -- Technology stocks were declining premarket Friday as the Technology Select Sector SPDR Fund (XLK) was down 0.2% and the SPDR S&P Semiconductor ETF (XSD) was 2.6% lower recently.

Sony Group ( SONY ) shares advanced by over 7% after the company reported higher fiscal Q2 earnings and revenue. The company also raised its outlook for fiscal 2025 revenue.