Sector Update: Tech

Technology stocks were rising premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.6% and the State Street SPDR S&P Semiconductor ETF (XSD) 2.4% higher. Broadcom (AVGO) stock was up more than 4% after the company said in a regulatory filing that it has entered into new multi-year agreements with Apple (AAPL) to develop and supply it with a range of custom application-specific integrated circuit silicon products for use in multiple generations of its products.