🟢 Tech ETF (SPRX) is trading 2% up in pre-market on softer jobs data

SPRX is trading at $49.81, up 2.03% from August 7 close on softer jobs data.

• Nasdaq futures are up 0.40%; QQQ is up 0.72%; Micron, AMD, NVIDIA, and Intel are higher.
• The August 7 jobs report showed payrolls falling 23,000, reducing rate-hike expectations and pressuring Treasury yields lower.
• The move is sector-wide, not tied to a single SPRX holding; AI semiconductor momentum and Palantir and Atlassian earnings optimism reinforce technology-sector leadership; broader market remains modestly positive.