🟢 Real Estate ETF (SPRE) is trading 3.7% up in pre-market on softer jobs data

SPRE is trading at $19.35, up +3.65% pre-market, as softer jobs data reduced expectations of an October Fed hike.

• September payrolls were just 29,000, while unemployment rose to 4.2%; rate relief may support rate-sensitive REITs.
• Long-term Treasury yields remained elevated near 5.28%. U.S. futures were slightly lower, making the gain appear more consistent with rate-sensitive sector repricing than a broad-market rally.