🔴 Large Blend ETF (SPMO) is trading 1.7% down in pre-market as profit-taking follows AI rally

SPMO is trading at $152.50, down -1.71%, as investors appeared to take profits after Monday’s AI-driven advance and record market levels.

• Nasdaq 100 futures were modestly lower before the U.S. open, signaling technology-sector weakness.
• NVIDIA’s expanded support for OpenAI data-center infrastructure remained a long-term AI positive, but did not prevent near-term profit-taking.
• U.S. housing and import-price data were scheduled later, limiting any immediate macro explanation.