🟢 Tech ETF (SPRX) is trading 2% up in pre-market amid broader technology-led rally

SPRX is trading 2% up in pre-market, benefiting from a broader technology-led rally supporting AI-related stocks.

• Nasdaq futures are up 0.54%; Anthropic’s strong long-term revenue forecast is supporting AI-related stocks. NVIDIA is also higher after reports it reduced its OpenAI data-center guarantee, easing financial-exposure concerns.
• Softer U.S. retail sales lowered September Fed-hike odds below 30%, pushing Treasury yields lower and supporting growth-stock valuations.
• The move appears sector-wide, with technology futures outperforming the Dow. Only the Empire State Manufacturing Survey is scheduled before the open, limiting additional macro risk.