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Sector Update: Tech
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Sector Update: Tech
Dec 12, 2024 6:13 AM

08:47 AM EST, 12/12/2024 (MT Newswires) -- Technology stocks fell in Thursday's pre-bell hours with the Technology Select Sector SPDR Fund (XLK) down 0.7% and the SPDR S&P Semiconductor ETF (XSD) 0.3% lower recently.

Adobe (ADBE) shares were nearly 11% lower after the company reported higher fiscal Q4 earnings and sales, but issued a fiscal Q1 revenue outlook below market expectations.

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