🔴 Tech ETF (SPTE) is trading 3.54% down in after-hours trading after Broadcom's weaker-than-expected Q4 revenue forecast

SPTE is trading at $46.32 (-3.54%) amid pressure from Broadcom's weaker-than-expected fourth-quarter forecast.

• Broadcom forecast fourth-quarter revenue of $34.8 billion, below approximately $35.03 billion expectations.
• Broadcom shares plunged nearly 5% immediately after results, amplifying likely downside for technology ETFs with semiconductor exposure.
• Broader risk sentiment remains negative: the Nasdaq Composite fell 0.65% and the S&P 500 fell 0.44%. The stronger August jobs report raised concerns about September Federal Reserve policy, pressuring rate-sensitive growth stocks.