🟢 Tech ETF (FTXL) is trading 2.19% up today on NVIDIA’s planned Hugging Face acquisition

FTXL is trading at $224.76, up 2.19%, as technology stocks gain support from enthusiasm surrounding NVIDIA’s planned $12.9 billion Hugging Face acquisition.

• The August employment report showed 162,000 payroll gains and a steady 4.1% unemployment rate, reducing recession concerns while keeping markets focused on Federal Reserve policy.
• Firm Nasdaq futures and easing Treasury yields are supporting technology stocks, with broad strength outweighing weakness in Broadcom.