🟢 Tech ETF (QTUM) is trading 2% up today after cooler July CPI

QTUM is trading at $156.15 (+1.90%) as cooler July CPI supported lower Treasury yields and technology stocks.

• July CPI rose 0.1% month over month; annual headline and core rates eased to 3.4% and 2.5%.
• Strong results and outlooks from CoreWeave and Super Micro Computer revived the AI-infrastructure trade, while lower Treasury yields supported growth stocks.
• Nasdaq Composite rose 0.58% and S&P 500 0.28%; QTUM’s technology-heavy composition is responsive to falling-rate expectations and renewed semiconductor, cloud-computing, and AI enthusiasm.