🟢 Growth ETF (MGK) is trading 4.73% up in pre-market despite weaker futures; catalyst unclear

MGK is trading at $95.94, up 4.73% in pre-market, with no matching catalyst established.

• U.S. futures are lower, with Nasdaq futures down 1.75%, amid renewed concern about AI spending returns and weaker Asian chip stocks.
• Meta’s higher AI-spending outlook and geopolitical tensions lifting oil prices add to risk-off pressure, rather than explaining MGK’s reported gain.