🔴 Tech ETF (CHAT) is trading 1.66% down in pre-market after August 27 NVIDIA-driven rally

CHAT is trading 1.66% down in pre-market as a technology-led pullback follows the August 27 NVIDIA-driven rally.

• Nasdaq-100 futures slipped roughly 0.3%; NVIDIA fell 1%, while Micron and Intel declined 2.2% pre-market, signaling semiconductor profit-taking.
• Investors are reducing risk ahead of Federal Reserve Chair Kevin Warsh’s Jackson Hole speech, with rates and the weaker 51.0 consumer-sentiment reading in focus.
• CHAT’s 53.2% information-technology exposure makes it particularly sensitive to sector and macro pressures.