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Sector Update: Tech
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Sector Update: Tech
Apr 2, 2026 6:19 AM

08:50 AM EDT, 04/02/2026 (MT Newswires) -- Technology stocks were falling premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 2.4% and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 3.4%.

Alphabet's Google ( GOOG ) and other cloud providers have held talks with AI start-up Poolside to resurrect a scheme to build a large Texas data center project, the Financial Times reported, citing people familiar with the matter. Shares of Alphabet were down more than 2% pre-bell.

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