AIQ is trading 2.6% higher today as technology stocks rebound in pre-market trading while investors await the U.S. June CPI release.
- Nasdaq futures indicate a modest rotation back into large-cap tech, helping the ETF recover a portion of its recent losses.
- Market participants are closely watching inflation data for its potential impact on valuations and interest rate-sensitive growth stocks.
- The recovery comes despite lingering geopolitical risks and recent weakness in the semiconductor space.