Fidelity MSCI Information Technology Index ETF is trading at $281.75 (+2.3%) as the information technology sector stabilizes following a sharp selloff tied to stronger jobs data and higher interest rate expectations.

  • Investors are bargain-hunting quality growth names and AI beneficiaries after the Nasdaq dropped more than 4% and semiconductors saw double-digit declines on June 5.
  • Broader U.S. indices opened higher as risk sentiment improves across the market, helping the sector recover from last week's volatility.