WQTM is trading 1.9% up in pre-market as the information technology sector gains momentum following a sharp June CPI downside surprise that eased interest-rate pressures and boosted growth stocks.
- Nasdaq futures are leading broader markets higher as investors re-embrace the tech sector amid an improved macro backdrop and favorable rate expectations.
- The sector is rebounding from recent AI-valuation-driven volatility, signaling renewed investor confidence in growth-oriented assets following the cooling inflation data.