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Sector Update: Tech
Jul 14, 2025 6:21 AM

08:55 AM EDT, 07/14/2025 (MT Newswires) -- Technology stocks were mixed premarket Monday as the Technology Select Sector SPDR Fund (XLK) was slightly higher and the SPDR S&P Semiconductor ETF (XSD) was down 0.6% recently.

Synopsys ( SNPS ) proposed $35 billion acquisition of Ansys ( ANSS ) has received conditional approval from China's State Administration for Market Regulation, multiple media outlets reported. Shares of Synopsys ( SNPS ) were up nearly 3% and Ansys ( ANSS ) shares were around 5% higher pre-bell.

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