09:07 AM EST, 11/04/2024 (MT Newswires) -- Technology stocks were advancing premarket Monday as the Technology Select Sector SPDR Fund (XLK) was up 0.3% and the SPDR S&P Semiconductor ETF (XSD) was 1.7% higher recently.

Nvidia ( NVDA ) shares were up more than 1% after S&P Dow Jones Indices said Nvidia ( NVDA ) will replace Intel ( INTC ) in the Dow Jones Industrial Average effective Friday.

Entegris ( ENTG ) shares fell past 12% after the company reported lower Q3 net sales that also missed analysts' expectations.

DigitalOcean Holdings ( DOCN ) shares were down more than 5% after the company issued a Q4 non-GAAP earnings per share outlook that missed analysts' expectations.