Spear Alpha ETF is trading 2.7% up as information technology futures outperform broader equity benchmarks, signaling a rebound in tech and AI names following recent profit-taking.
- Nasdaq-100 futures are notably outperforming S&P 500 and Dow minis, indicating renewed leadership in growth-sensitive sectors.
- Traders are positioning ahead of the June 17 U.S. Retail Sales data and the FOMC statement, which will provide critical signals on interest rates and economic growth.
- The move represents a recovery bid for AI-sensitive technology stocks ahead of high-impact macroeconomic events.