WQTM is trading at $32.75, up 1.58%, as information technology and communication services led the October 5 rally and the Nasdaq closed at a record high.
- Nvidia and Microsoft gained during the rally. Foxconn’s third-quarter revenue rose 47% amid strong AI-server demand, adding a positive signal for the technology sector.
- Softer September payrolls eased near-term rate-hike expectations, though elevated Treasury yields remained a counterweight.