WGMI is trading 3.18% up in pre-market as technology shares stabilize after the August 6 AI-infrastructure selloff.
- Nasdaq futures are outperforming broader index futures, while information technology remains sensitive to capital-intensive AI spending concerns, semiconductor weakness, and elevated oil prices.
- Investors await the July payrolls report at 8:30 AM EST; consensus is roughly 80,000 jobs and 4.2% unemployment.
- Strong employment data could lift yields and pressure growth-oriented technology stocks.