Sector Update: Tech

Last Updated: Tuesday, September 27, 2022 8:53 AM | MT Newswires

Technology stocks were flat to higher premarket Tuesday. The Technology Select Sector SPDR ETF (XLK) was inactive and the Semiconductor Sector Index Fund (SOXX) was climbing nearly 2% recently.

Jabil (JBL) was advancing nearly 4% after it reported fiscal Q4 core diluted earnings of $2.34, up from $1.44 last year. Analysts polled by Capital IQ expected $2.14.

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