Start WITHOUT emoji. Write 1-2 short paragraphs explaining why this ETF/index/sector moved. Use to separate paragraphs. Conversational but professional. 60-80 words total.
Technology is bouncing in pre-market after the June 17 Fed meeting sparked a sharp selloff in growth stocks, with futures now firming and Nasdaq contracts up. The sector is stabilizing as traders buy the dip in semiconductors and other large-cap tech names following the prior session’s rate-hawkish reaction.[6a32a9be22e5666713be7042][6a3304168b32123d3dcb3002]
The broader risk tone is positive this morning, with S&P 500 and Nasdaq futures higher and no major U.S. data release ahead of the open beyond jobless claims and regional manufacturing. That supportive backdrop is helping leveraged tech exposure like TECL outperform pre-market.[6a32a9be22e5666713be7042]