Technology stocks were climbing pre-bell Thursday. The Technology Select Sector SPDR Fund (XLK) was 0.5% higher and the iShares Semiconductor ETF (SOXX) was recently up 0.6%.
Infosys (INFY) was slipping past 6% after it reported fiscal Q4 earnings of $0.18 per diluted share, unchanged from a year earlier and below the $0.20 forecast from analysts polled by Capital IQ.
STMicroelectronics (STM) has entered into a multi-year agreement to provide technology group ZF with silicon carbide devices, ZF said. STMicroelectronics was recently advancing by over 3%.
Stratasys (SSYS) was up more than 2% after saying its board has unanimously rejected a revised unsolicited acquisition proposal from Nano Dimension (NNDM) for $20.05 per share in cash.
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