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Sector Update: Tech Stocks Mixed Pre-Bell Monday

Sector Update: Tech Stocks Mixed Pre-Bell Monday

MT newswireMT newswire2026/08/31 13:15
By:MT newswire
09:15 AM EDT, 08/31/2026 (MT Newswires) -- Technology stocks were mixed pre-bell Monday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.4% and the State Street SPDR S&P Semiconductor ETF (XSD) advancing by 0.1%. Science Applications International (SAIC) stock was up more than 12% after the company reported higher fiscal Q2 revenue and raised its fiscal 2027 outlook. CrowdStrike (CRWD) and Clear (YOU) said they teamed up to combine biometric identity verification with cybersecurity threat detection software. Shares of Clear were up more than 2% premarket. Adobe (ADBE) has expanded its partnership with Saudi Arabia's Ministry of Communications and Information Technology and HUMAIN, the companies said. Adobe stock was down more than 1% pre-bell.
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