IYW is trading at $255.00, up 1.94% in pre-market after the Federal Reserve’s September 16 rate hike removed immediate policy uncertainty and Treasury yields declined.

  • Futures rallied broadly, while technology shares led the recovery.
  • Alphabet and Meta gained more than 1% pre-market, and AI infrastructure stocks advanced.
  • Persistent AI-memory shortages and potential Intel–SK Hynix cooperation reinforced semiconductor-sector momentum.