QTUM is trading 2.5% higher in after-hours sessions driven by a 13-14% surge in Intel (INTC) shares following reports of a potential Apple chip manufacturing deal in the U.S.
- The rally in Intel, a key holding for the ETF, is lifting the fund amid broader technology sector strength and record market highs.
- Positive JOLTS data signaling Federal Reserve rate cut hopes fueled today's advance in the Nasdaq (1.34%) and S&P 500 (1.22%).
- Tech stocks continue to lead the market as investors react to favorable labor market data and strategic industry developments.