SPRX is trading 5% up in pre-market as information technology stocks continue to rebound following the sharp, AI-led rally on August 03.
- Nasdaq and broader U.S. futures are higher, supported by easing inflation concerns from lower oil prices.
- Currency markets have steadied following U.S.–Japan yen intervention, boosting risk appetite toward growth and AI themes.
- Strong sentiment toward tech-heavy ETFs persists as investors favor growth-oriented sectors.