🟢 SP Funds S&P Global Technology ETF is trading 7.5% up today as global tech shares rebound from an AI-driven selloff

SP Funds S&P Global Technology ETF is trading 7.5% up today as global information technology shares rebound from the prior session’s AI- and rate-driven selloff.

• Tech sectors are climbing alongside higher Nasdaq futures and broader risk-on sentiment ahead of the upcoming U.S. PPI release.
• Investors continue to weigh Iran-related geopolitical tensions and elevated energy prices against concerns regarding aggressive AI infrastructure spending highlighted by recent funding plans.