🟢 Tech ETF (CIBR) is trading 2.2% up in pre-market after weak July employment report

CIBR is trading at $100.00 (+2.20%) amid a broader technology rebound after the unexpectedly weak July employment report reduced near-term Fed tightening expectations and pressured Treasury yields lower.

• Nasdaq futures are up 0.40%, QQQ is up 0.72%, and Micron, AMD, NVIDIA, and Intel are higher.
• The catalyst is global macro and sector sentiment, not a specific cybersecurity-company announcement; information technology and materials led last week’s performance, while Asian markets followed Wall Street higher after the soft jobs report.