Spear Alpha ETF is trading 2.0% down in after-hours sessions following a significant multi-day rally driven by the AI and semiconductor sectors.
- The information technology sector surged during the regular session amid optimism surrounding U.S.–Iran de-escalation, lower energy prices, and a renewed risk-on appetite.
- The current downward move is viewed as a modest pullback and likely reflects profit-taking rather than a new negative catalyst.