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Sector Update: Tech
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Sector Update: Tech
Apr 8, 2025 6:17 AM

08:48 AM EDT, 04/08/2025 (MT Newswires) -- Technology stocks advanced premarket Tuesday, with the Technology Select Sector SPDR Fund (XLK) up 2.6% and the SPDR S&P Semiconductor ETF (XSD) 3.9% higher recently.

Broadcom ( AVGO ) shares rose past 5% after the company said its board authorized a share repurchase program to buy back up to $10 billion of common shares.

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