WGMI is trading 2.9% up in pre-market as the technology and crypto sectors stabilize following a significant selloff.
- The recovery follows a sharp drawdown on July 13, 2026, which was driven by geopolitical tensions and profit-taking in high-valuation AI and semiconductor stocks.
- Nasdaq-100 futures are modestly higher, suggesting a tentative shift back into growth assets as investors await key CPI and real earnings data.
- Market participants are looking for clarity on the Federal Reserve’s next interest rate move based on upcoming economic indicators.