08:48 AM EDT, 06/13/2025 (MT Newswires) -- Technology stocks were declining premarket Friday with the Technology Select Sector SPDR Fund (XLK) down 1.2% and the SPDR S&P Semiconductor ETF (XSD) 2.1% lower recently.

China's State Administration for Market Regulation has postponed its approval of a proposed merger between Synopsys ( SNPS ) and Ansys ( ANSS ) , the Financial Times reported, citing two people with knowledge of the matter. Synopsys ( SNPS ) and Ansys ( ANSS ) shares were down more than 1% pre-bell.