🟢 Tech ETF (FTEC) is trading 2% up in pre-market as tech futures rebound from Friday’s selloff

FTEC is trading at $289.19, up 2.02%, as U.S. technology futures rebound, supporting a pre-market recovery across the sector.

• Investors remain focused on AI firms’ debt and data-center spending, while earnings from major technology companies test confidence in the AI trade.
• No major U.S. economic indicators are scheduled for October 19; the move appears to be a futures-led rebound, not confirmation that AI-investment concerns have eased.