SPTE is trading 2.8% up today as the information technology sector stabilizes following the AI and semiconductor-led selloff in mid-July.
- Investors are rotating back into diversified tech exposure, favoring software and broader IT over the most stretched AI chip names.
- The rebound comes as market participants position themselves ahead of major Big Tech earnings reports.
- Overall market indices are trending modestly higher as sentiment improves across the broader technology landscape.