Sector Update: Tech

Thursday, April 15, 2021 8:42 AM | MT Newswires

Technology stocks were trading higher premarket Thursday. The Technology Select Sector SPDR ETF (XLK) was up 0.89% and the SPDR S&P Semiconductor (XSD) was recently ahead by more than 1%.

Dell Technologies (DELL) gained more than 7% in premarket trading after announcing plans to spin-off its 81% stake in VMware (VMW), forming two standalone public companies.

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