XLK is trading at $165.71, up 2.05% versus the November 5 close, as the sector sees a relief bounce after Thursday’s sharp AI- and technology-led sell-off.
- Nasdaq futures rose as chip stocks stabilized, with NVIDIA and several other chipmakers rebounding pre-market.
- Investors are weighing midterm-related concerns about tighter AI rules and data-center construction. The October jobs report, due at 8:30 a.m. ET, is another near-term focus.