🟢 Tech ETF (LYTE) is trading 3.64% up in pre-market after August CPI matched expectations

LYTE is trading at $25.44, up +3.64%, as August CPI rose 3.4% annually, matching expectations and supporting a broad market relief rally.

• Futures gained and Treasury yields pulled back from recent highs, improving rate sentiment for technology stocks.
• Elevated oil prices and weakness in semiconductor shares remain offsets.
• Thursday’s PPI-driven selloff and LYTE’s 3.23% decline likely intensified the pre-market rebound.