SPY422.60-0.51 -0.12%
DIA338.78-0.67 -0.20%
IXIC14,271.73+18.47 0.13%

Sector Update: Tech

05/10/2021 04:46

08:40 AM EDT, 05/10/2021 (MT Newswires) -- Technology stocks were declining premarket Monday. The Technology Select Sector SPDR ETF (XLK) was down 0.21% and the Semiconductor Sector Index Fund (SOXX) was 0.58% lower in recent trading.

Weibo (WB) was climbing past 3% after reporting Q1 adjusted earnings of $0.57 per share, up from $0.30 per share a year earlier. Analysts polled by Capital IQ projected adjusted EPS of $0.48.