08:53 AM EDT, 06/12/2026 (MT Newswires) -- Technology stocks were mixed premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) 1.5% higher.

Adobe (ADBE) shares were down more than 9% even after the company reported higher fiscal Q2 adjusted earnings and revenue. Adobe also said Chief Financial Officer Dan Durn will exit the company on Monday to pursue a new opportunity.