QYLD is trading at $17.26 (+2.25%) as technology shares rebound after Thursday’s sharp AI-led selloff.
- Nasdaq 100 futures rose 0.9%, while Nvidia gained 3.6% premarket.
- The prior rout reflected concerns that Democratic election wins could bring tighter AI and data-center restrictions, pressuring tech and chip stocks.
- Strong payroll data and higher Treasury yields may temper the recovery by increasing rate pressure on growth stocks.