Sector Update: Tech Stocks Higher Pre-Bell Wednesday

09:05 AM EDT, 10/28/2026 (MT Newswires) -- Technology stocks were higher pre-bell Wednesday, with the State Street Technology Select Sector SPDR ETF (XLK) advancing by 0.5% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.5% higher. Alphabet (GOOG, GOOGL) stock was up more than 1% before the opening bell ahead of its Q3 earnings report slated to be released after market close. SK hynix (SKHY) shares were up more than 7% after the company reported higher Q3 earnings and revenue. ON Semiconductor (ON) stock declined more than 2% a day after The Information reported the company is in talks to acquire chip startup Ferric for nearly $1 billion.