🟢 Tech ETF (EUV) is trading 3% up on August 7, 2026 as rate-hike expectations ease

EUV is trading at $26.22 (+3.03%) as a weak July payrolls report reduced September rate-hike expectations.

• July payrolls unexpectedly fell 23,000, versus an expected 80,000 increase.
• Lower Treasury yields and a potentially more accommodative Federal Reserve are supporting growth-oriented technology shares.
• Strength in NVIDIA, Broadcom, semiconductor stocks, software, and AI-related shares is reinforcing the sector-wide rally.