JEDI is trading at $32.50 (+3.54%) as a weaker dollar, stronger Nasdaq futures, and reduced expectations for a September Federal Reserve rate hike after soft July retail sales support technology stocks.
- Nasdaq futures rose 0.55%, while Dow futures fell 0.12%, with technology outperforming industrials in the broader pre-market setup.
- Industrials are additionally pressured by crude-oil volatility and Hormuz-related uncertainty despite defense-related geopolitical headlines.