SPRX is trading at $47.76 (+3.58%) as falling oil prices, easing Treasury yields, and renewed risk appetite support technology stocks.
- The move is sector-wide: Nasdaq futures and semiconductor ETFs advanced, while AI and semiconductor shares led, including Intel, Marvell, Meta, and Dell.
- Reuters reported futures rose as Middle East supply concerns eased and confidence in continued AI spending improved.
- Lower energy costs reduced inflation and interest-rate pressure on growth stocks.