08:52 AM EDT, 04/13/2026 (MT Newswires) -- Technology stocks were declining premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.6% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.8% lower.

Sony ( SONY ) , SoftBank, NEC and Honda Motor ( HMC ) have jointly established a new artificial intelligence company to develop a domestic AI foundation model for use by Japanese companies, multiple media outlets reported. Shares of Sony Group ( SONY ) were down more than 2% pre-bell.