08:47 AM EDT, 09/25/2025 (MT Newswires) -- Technology stocks were declining premarket Thursday, with The Technology Select Sector SPDR Fund (XLK) down 0.9% and the SPDR S&P Semiconductor ETF (XSD) 0.3% lower.

SAP (SAP) is under formal investigation by the European Commission over allegations that it may have engaged in anti-competitive practices in the aftermarket for maintenance and support services in enterprise resource planning software. SAP shares were down more than 2% pre-bell.