🟢 Tech ETF (SPTE) is trading 2.51% up in pre-market as Nasdaq futures lead gains

SPTE is trading $48.60 (+2.51%) as stronger Nasdaq futures support technology-sector risk appetite.

• Investors are positioning ahead of July CPI, forecast at 3.4% year-over-year and 2.5% core, amid expectations for moderating inflation.
• Renewed enthusiasm for AI infrastructure and data-center investment is supporting technology shares; the move appears sector-wide rather than SPTE-specific.
• CPI at 8:30 AM EST could sharply change rate-sensitive growth-stock sentiment, while Cisco earnings after the August 12 close may add another technology-sector catalyst.