Defiance Quantum ETF is trading 1.5% up today as Nasdaq futures lead a modest risk-on shift, helping information technology and AI-themed names stabilize following a steep sector sell-off.
- The rebound comes after last week's decline in tech and semiconductor stocks, which was triggered by stronger-than-expected U.S. jobs data.
- Investors are currently buying the dip in quantum-themed names despite lingering concerns regarding hawkish Fed expectations and potential rate hikes.