SP Funds S&P Global Technology ETF is trading 3.9% up in after-hours sessions as technology shares rebound from a sharp regular-session sell-off.
- The ETF is recovering from a 6.4% decline triggered earlier by disappointing AI guidance from Broadcom and renewed fears of higher-for-longer interest rates.
- Investors are reassessing high-growth tech valuations and engaging in short-covering following stronger-than-expected U.S. jobs data and hawkish Fed repricing.
- The move reflects broader stabilization across the global information technology sector after heavy selling during the regular trading day.