NASA is trading at $21.39 (+3.75%) as broad technology and semiconductor strength lifts space-related growth names following Microsoft’s strong earnings and a cooler-than-expected PCE inflation reading.
- The move marks a significant rebound from the prior session’s sharp selloff tied to tech rotation and semiconductor weakness that pressured the fund on July 29.
- The ETF is benefiting from a 2.56% rally in the Nasdaq, driven by its heavy exposure to information technology, industrials, and communication services.
- Improved risk sentiment following the inflation data has provided a tailwind for growth-oriented sectors and space-related equities.