ARKQ is trading at $103.89, up +4.54%, as technology shares rebound after Thursday’s AI- and semiconductor-led selloff.
- The selloff followed midterm-related concerns about tighter AI regulation and constraints on data-center construction; Friday’s chip recovery is helping lift the sector.
- October payrolls rose 165,000, above the 65,000 forecast, supporting equities while potentially limiting expectations for Fed easing.