🟢 Software ETF (IGV) is trading 1.5% up in pre-market as oil prices ease

IGV is trading at $104.99 (+1.52%) as falling oil prices and slightly lower Treasury yields ease pressure on rate-sensitive growth stocks.

• Overnight futures indicate a mild risk-on tone, with Nasdaq futures up 0.15% and broader indices higher.
• Snowflake, Dell, and GitLab strength is supporting technology and software sentiment; trade data and services PMI remain upcoming catalysts. The rebound follows IGV’s 2.60% decline on September 2, as investors partially reverse defensive positioning after geopolitical and inflation concerns.