🟢 Technology ETF (FTXL) is trading 4.87% up in pre-market as chip stocks rebound

FTXL is trading at $186.60, up 4.87% in pre-market as chip stocks rebound after Thursday’s technology-led selloff.

• Nasdaq futures rose, and Reuters reported pre-market gains in Nvidia and several other chipmakers.
• Thursday’s selloff reflected fears that tighter AI and data-center regulation after the midterm elections could slow infrastructure investment.
• October payrolls are due at 8:30 a.m. ET; the pre-market move may reflect a rebound rather than resolution of those concerns.