SPTE is trading at $46.00 (+2.0%) as the technology sector rebounds from a weak July 24 session driven by concerns over artificial intelligence spending and trade policy.
- Investors are reassessing the impact of AI capex concerns and tariff risks that previously triggered a sharp selloff in high-growth tech names.
- The recovery follows a broader after-hours shift where markets are reacting to earnings-driven volatility in large-cap stocks like Alphabet and Intel.
- Stabilization in sentiment is helping lift sector ETFs in thin after-hours trading as the market looks for a floor following recent pressure on tech-heavy index futures.