🟢 SanDisk 2x Leveraged ETF (SNDG) is trading 3.2% up in pre-market as rate-hike pressure eases

SNDG is trading at $5.81 (+3.20%) on firmer technology and semiconductor sentiment.

• Nasdaq futures are up 0.37%; Micron, AMD, and NVIDIA are also higher in pre-market trading.
• SNDG targets 2x SanDisk’s daily performance, making the relief bounce more pronounced after SanDisk’s sharp declines following below-consensus fiscal 2027 guidance, rather than fresh company-specific news.
• Friday’s unexpectedly weak jobs report reduced rate-hike pressure and supported growth stocks; August 10 has no major U.S. economic release scheduled.