FTXL is trading 1.65% up in pre-market as Nasdaq futures rise 0.42%, signaling a modest technology-sector rebound after the August 24 selloff.
- The 10-year Treasury yield is near 4.704%, reducing some valuation pressure on growth stocks.
- Upside is tempered ahead of NVIDIA’s August 26 earnings and today’s 10:00 a.m. Consumer Confidence release.
- The move appears sector-wide; NVIDIA weakness and elevated AI-valuation expectations remain risks for technology ETFs.