XSD is trading at $507.00 (+2.57%) as technology shares rebound in pre-market trading amid rising Nasdaq futures and a rotation back into growth stocks.
- Lower Brent crude prices following a U.S.-Iran pause are easing inflation fears, benefiting rate-sensitive semiconductor and tech sectors.
- The move appears to be a sector-wide relief rally following recent volatility tied to AI spending concerns and tariff headlines.
- Broader market sentiment remains supportive with major indices trending higher before the open.