SPTE is trading at $47.85 (+6.69%) as a broad technology rebound and easing inflation concerns drive sector-wide risk-on buying.
- NASDAQ futures rose 1.32% and chipmakers are recovering from last week's selloff, signaling a shift in sentiment ahead of a heavy tech earnings week.
- Easing geopolitical tensions in the Middle East led to a decline in Brent crude prices, alleviating inflation fears and providing a tailwind for growth-oriented equities.