Sector Update: Tech Stocks Rise Premarket Wednesday.

MT Newswires Live11-20 22:15

Technology stocks rose premarket Wednesday as the Technology Select Sector SPDR Fund (XLK) was 0.2% higher and the SPDR S&P Semiconductor ETF (XSD) was up 1.3% recently.

Nokia (NOK) shares rose past 3% after the company said it won a multi-billion-dollar deal to deliver 4G and 5G equipment to India's Bharti Airtel.

Wix.com (WIX) shares advanced by over 14% after the company reported higher Q3 adjusted earnings and revenue. The company also raised its 2024 revenue guidance.

Keysight Technologies (KEYS) shares were up over 10% after the company reported fiscal Q4 earnings and revenue that beat market expectations.

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