Tech ETF (IGV) is trading at $94.47 (+2.15%) as easing 10-year Treasury yields and a broader rally in U.S. equities support growth-oriented software stocks.
- Broader market optimism is being driven by receding geopolitical oil fears and a general improvement in risk sentiment across the technology sector.
- The move follows a softer backdrop for rates-sensitive tech, with investors appearing to look past NVIDIA’s mixed post-earnings reaction to focus on favorable macro tailwinds.