FTXL is trading 1.9% higher in pre-market as software shares recover; Nasdaq futures are up 0.44%.

  • Global software shares recovered after AI leaders’ calls to slow development triggered heavy chip-stock selling; Indian IT stocks surged, signaling renewed software demand.
  • Broader U.S. futures are higher ahead of September 16, 2026 retail-sales data and the Federal Reserve decision.
  • Treasury yields near 5% and oil above $107 continue pressuring long-duration technology valuations, limiting confidence.