🟢 Tech ETF (CHAT) is trading 1.7% up in pre-market as lower yields support tech shares

CHAT is trading at $89.88, up 1.70% from the September 17 close, as lower Treasury yields support rate-sensitive technology shares.

• The Bank of Japan’s expected 25-basis-point hike to 1.25%, alongside its divided 7-2 vote, weakened the yen and reduced fears of aggressive tightening.
• Softer oil, stronger Asian equities, and rising Nasdaq futures are supporting stronger technology and semiconductor sentiment.