SP Funds S&P Global Technology ETF is trading at $48.78, up 2.5% in pre-market action as investors look ahead to the FOMC statement and key U.S. Retail Sales data.
- The move follows the completion of Nvidiaβs massive $25 billion bond sale, which has reinforced market confidence in the long-term outlook for AI investment.
- Pre-market strength in Nasdaq futures is helping growth and information technology names rebound after recent underperformance linked to a rotation into industrials and financials.