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Sector Update: Tech

, MT Newswires - 8:41 AM ET 3/24/2025 US Markets

08:41 AM EDT, 03/24/2025 (MT Newswires) -- Technology stocks advanced premarket Monday as the Technology Select Sector SPDR Fund (XLK) was 1.7% higher and the SPDR S&P Semiconductor ETF (XSD) was up 0.4% recently.

Meta Platforms' ( META ) proposed $800 million acquisition bid for FuriosaAI has been rejected by the South Korean company, multiple media outlets reported, citing unnamed sources familiar with the matter. Meta Platforms ( META ) shares rose nearly 3% premarket.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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Sector Update: Tech

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