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Sector Update: Tech

Sector Update: Tech

MT newswireMT newswire2026/08/26 12:55
08:55 AM EDT, 08/26/2026 (MT Newswires) -- Technology stocks were declining premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.7%, and the State Street SPDR S&P Semiconductor ETF (XSD) 0.4% lower. Intuit (INTU) shares were down more than 10% after the company set fiscal Q1 and 2027 guidance that fell short of analysts' estimates.
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