🟢 Tech ETF (WQTM) is trading 2.26% up in after-hours trading as rate-hike expectations fall

WQTM is trading 2.26% higher in after-hours trading as lower expected rates support long-duration technology stocks.

• The July jobs report showed payrolls falling by 23,000, sharply reducing expectations for an imminent Federal Reserve rate hike.
• Investors await the July CPI report due August 12; NVIDIA, Broadcom, Intel, and Applied Materials gains reinforce broad participation.
• For August 11, technology may remain supported but volatile; Cisco’s scheduled earnings could add a company-specific impulse, although no verified after-close major holding announcement explains WQTM’s move.