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Sector Update: Tech
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Sector Update: Tech
Dec 16, 2024 5:58 AM

08:40 AM EST, 12/16/2024 (MT Newswires) -- Technology stocks were mixed premarket Monday as the Technology Select Sector SPDR Fund (XLK) was up 0.4% and the SPDR S&P Semiconductor ETF (XSD) was 0.3% lower recently.

Honeywell International ( HON ) shares were up 2.4% after the company said it continues to consider strategic options to increase shareholder value, including the potential spinning off of its aerospace business, with an update to be part of its Q4 earnings report.

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