🟢 State Street SPDR S&P Semiconductor ETF is trading 3.2% up today as futures rebound and investors bargain-hunt following recent sector volatility

State Street SPDR S&P Semiconductor ETF is trading 3.2% up today as U.S. equity and Nasdaq futures rebound, with semiconductor names leading early strength despite recent sector volatility.

• Investors appear to be bargain-hunting in information technology after the June 10 selloff tied to hot CPI data and AI-capex worries surrounding Oracle.
• Markets are looking through Middle East tensions as focus shifts toward the upcoming release of key PPI inflation data.