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Sector Update: Tech Stocks Decline Premarket Wednesday
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Sector Update: Tech Stocks Decline Premarket Wednesday
Jul 1, 2026 6:49 AM

09:13 AM EDT, 07/01/2026 (MT Newswires) -- Technology stocks were declining premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 1.5% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 2.1% lower.

Check Point Software Technologies ( CHKP ) shares were up more than 2% after the company said its Cloud Firewall is now available on Amazon.com's ( AMZN ) Amazon Web Services European Sovereign Cloud for customers with European data residency and sovereignty requirements.

Nice (NICE) stock was up more than 2% after the company said it will provide its customer experience artificial intelligence tools on the newly launched independent Amazon Web Services European Sovereign Cloud.

Dynatrace ( DT ) said it has appointed George Riedel and Dan Streetman to its board, effective immediately, following its engagement with activist investor Starboard Value. Shares of Dynatrace ( DT ) were up more than 3% pre-bell.

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