SPTE is trading at $47.00, down 1.55% from its August 7 close of $47.74, with no confirmed public catalyst for the ETF-specific selloff.

  • Nasdaq futures are higher; strong AI-driven semiconductor sales and pre-market gains in Micron and NVIDIA support a constructive technology backdrop, but point upward rather than explaining SPTE’s decline.
  • Friday’s weak payroll report lowered Treasury yields and supported rate-sensitive technology shares; no major U.S. data is scheduled for August 10.