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Sector Update: Tech Stocks Edge Higher Pre-Bell Tuesday
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Sector Update: Tech Stocks Edge Higher Pre-Bell Tuesday
Mar 31, 2026 6:24 AM

09:09 AM EDT, 03/31/2026 (MT Newswires) -- Technology stocks were edging higher pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) advancing by 1.2% and the State Street SPDR S&P Semiconductor ETF ( XSD ) up 1.6%.

Nebius Group ( NBIS ) shares were up more than 5% after the company said it will construct a 310-megawatt artificial intelligence factory in Lappeenranta, Finland.

TD Synnex ( SNX ) stock was up more than 1% after the company reported higher fiscal Q1 non-GAAP earnings and revenue, and issued fiscal Q2 outlook above analysts' expectations.

Oracle (ORCL) shares were up more than 1% after the company said it will launch an artificial intelligence-powered business system designed for restaurant operations.

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