🟢 Tech ETF (SPRX) is trading 2.1% up in pre-market after AI-led semiconductor selloff

SPRX is trading at $42.79, up 2.10% from the September 15 close, as the rebound follows the recent AI-led semiconductor selloff.

• Nasdaq futures are up 0.45%, and the move appears partly technical.
• Investors await September 16 retail-sales data and the Federal Reserve’s policy statement.
• The 10-year Treasury yield is near 5.003%; oil-related inflation concerns and AI-development warnings continue pressuring semiconductor sentiment.