🟢 Software ETF (IGV) is trading 2.11% up today as weak July payrolls lift rate-cut hopes

IGV is trading 2.11% up today, benefiting from Friday’s unexpectedly weak July payrolls report and increased expectations for Federal Reserve support.

• Recent strong results and guidance from Atlassian, Twilio, and Cloudflare reinforced confidence in cloud demand and AI monetization.
• The broader technology rebound is supporting the move, although investors remain cautious ahead of the August 12 CPI report.