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Sector Update: Tech
Mar 18, 2025 6:00 AM

08:44 AM EDT, 03/18/2025 (MT Newswires) -- Technology stocks declined pre-bell Tuesday, with the Technology Select Sector SPDR Fund (XLK) down 0.3% and the SPDR S&P Semiconductor ETF (XSD) 2% lower recently.

Tencent Music Entertainment Group ( TME ) shares were about 3% higher after the company reported higher Q4 non-IFRS earnings and revenue. The company also launched a $1 billion share buyback program.

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