WGMI is trading 2.2% higher today as information technology and growth stocks stabilize following a sharp sector selloff triggered by Alphabet’s Q2 earnings earlier this week.
- Nasdaq futures are trending modestly higher in a relief rally for high-beta tech and digital assets.
- The rebound follows recent pressure on the sector driven by rising yields and concerns regarding AI capital expenditure.
- Market volatility has eased with no major U.S. economic data scheduled for release today.