IYW is trading at $258.60, up 2.26%, as Anthropic’s IPO filing renewed enthusiasm for AI and semiconductor stocks.
- Asian technology shares also advanced, consistent with a broader rebound in the AI trade.
- Futures were higher in the supplied pre-market snapshot, adding support, while investors awaited the Fed decision and major technology earnings.
- Durable-goods and consumer-confidence releases were still upcoming and had not yet driven the move.