🟢 Tech ETF (SPTE) is trading 2.3% up in pre-market as semiconductor shares rebound

SPTE is trading at $47.26, up +2.32%, as technology stocks recover after the August 24 selloff.

• Nasdaq futures are up 0.65%, while semiconductor shares including Intel, AMD, Marvell and Nvidia rebound, supporting information technology.
• Investors are positioning ahead of Nvidia’s August 26 earnings while awaiting inflation data and the Jackson Hole symposium.
• The move appears primarily sector-driven rather than company-specific.