🟢 Large Blend ETF (MTUM) is trading 2.1% up in pre-market on dip-buying ahead of Nvidia earnings

MTUM is trading at $306.77, up 2.06% in pre-market, with sentiment appearing driven by dip-buying and positioning before Nvidia’s August 26 earnings, rather than a new sector-specific announcement.

• Overnight futures point to a modest technology-led rebound, with Nasdaq futures up 0.42%; MTUM is recovering after the August 24 selloff.
• The information technology sector fell 1.3% on August 24 as semiconductor stocks weakened; Nvidia dropped 2.94%, Broadcom declined 2.63%, and AMD lost 3.48%.