🟢 SP Funds S&P Global Technology ETF is trading 1.6% up today as tech shares rebound from AI and rate-driven selloff

SP Funds S&P Global Technology ETF is trading 1.6% higher in after-hours trading as information technology shares extend a recovery from this week’s AI- and rate-driven selloff.

• Investors are rotating back into growth and AI-linked names after reassessing inflation and interest rate risks, contributing to a sharp rise in the Nasdaq.
• The broader tech sector is benefiting from a recovery in semiconductor and AI infrastructure plays following stabilization after the recent Oracle-led pullback.
• Stronger futures and a general rebound across the technology sector are providing significant upward momentum for the ETF.