IYW is trading at $271.78, up 1.86%, as chip and megacap shares lead gains. - Before the 8:30 a.m. jobs release, technology futures rose as Treasury yields and oil prices eased; Reuters reported gains led by NVIDIA, Broadcom and AMD. - Micron’s strong earnings and outlook added a tailwind amid optimism about AI-driven chip demand. - September payrolls later came in at 29,000, below expectations, with unemployment at 4.2%; the soft report reinforced expectations for the Fed to hold rates.