🟢 Large Growth ETF (IUSG) is trading 1.63% up as chip stocks rebound after steep tech selloff

IUSG is trading at $178.21, up +1.63%, as chip stocks rebounded after Thursday’s steep technology-led selloff.

• The selloff reflected concerns that Democratic election wins could bring tighter AI and data-center regulation, weighing on growth stocks.
• October payrolls came in at 165,000, versus expectations near 65,000, pushing Treasury yields higher and potentially pressuring growth valuations. The rebound appears to be a partial recovery, not evidence those concerns have gone away.