🟢 Tech ETF (SOXQ) is trading 2.7% up in pre-market as Nasdaq futures rebound

SOXQ is trading at $95.43, up 2.72% from the August 20 close in pre-market trading following stronger futures, with Nasdaq futures up 0.44% as investors partially recover from the August 20 technology-led selloff.

• Semiconductor sentiment is supported by SK hynix’s $29 billion buyback.
• Investors await August flash PMI data; elevated Treasury yields and geopolitical oil pressures remain risks for technology valuations.