08:49 AM EST, 11/18/2024 (MT Newswires) -- Technology stocks were steady premarket Monday, with the SPDR S&P Semiconductor ETF (XSD) inactive and The Technology Select Sector SPDR Fund (XLK) slightly lower.

Tuya ( TUYA ) shares were up past 10% after the company announced a definitive agreement for a strategic investment by 65 Equity Partners through the acquisition of about 13% of Tuya's ( TUYA ) total issued shares from New Enterprise Associates.