GARY is trading at $27.05 (+1.97%) in after-hours trading, likely reflecting positioning ahead of Broadcom’s earnings and guidance alongside relief buying in growth stocks.
- Its information-technology-heavy portfolio is rebounding after the September 1 selloff, as rising oil prices, Treasury yields, and renewed U.S.-Iran tensions pressured rate-sensitive growth stocks.
- Technology was among the market’s heaviest losers as the 10-year Treasury yield reached 4.80%.
- Broadcom’s results remain the key sector catalyst for the September 2 session, while the broader macro backdrop remains risk-off.