Tech ETF (XLK) is trading at $175.56 (+1.34%) as easing yields and anticipation for NVIDIA earnings support growth stocks.
- Investors are positioning ahead of NVIDIA’s after-close earnings, a key read-through for the semiconductor and AI sectors.
- Rate-sensitive tech shares are recovering as the market sees relief from the prior session’s Treasury yield spike.
- Broader Nasdaq strength and a softer risk tone are providing additional tailwinds for growth-oriented names.