🟢 Growth ETF (QTOP) is trading 2.7% up in pre-market after softer jobs data reduced Fed hike expectations

QTOP is trading at $38.83, up 2.73% in pre-market as softer July employment data reduced near-term Federal Reserve rate-hike expectations.

• Treasury yields eased, supporting growth-stock valuations; Nasdaq futures are up 0.40%.
• Micron, AMD, NVIDIA, and Intel are higher pre-market; semiconductors and AI stocks lead the sector-wide move, lifting information technology disproportionately, with QQQ also higher.
• Geopolitical uncertainty and upcoming inflation data remain risks; limited U.S. data on August 10, while momentum favors large-cap growth.