🟢 XLK is trading 1.5% up today on strong AI earnings and easing geopolitical tensions

XLK is trading up 1.5% today as strong AI-related earnings from AMD and SMCI fuel a broad technology sector rally.

• Robust demand for data-center chips and falling Treasury yields are driving significant gains across growth-oriented tech stocks.
• Geopolitical de-escalation between the U.S. and Iran has lowered oil prices and eased inflation fears, boosting market sentiment.
• The ETF is currently tracking the Nasdaq's 1.34% gain as investors look ahead to Friday's jobs report for further economic direction.