SOXQ is trading at $85.90, up 1.74% pre-market as Nasdaq 100 futures edged higher, suggesting tentative rebound after Thursday’s tech selloff.

  • Futures rose 0.1% after swings, not confirming a reversal.
  • AI infrastructure return doubts pressured sentiment: Meta and Tesla spending weighed on US tech, the Philadelphia Semiconductor Index fell 6.72%, and Asian chip stocks sold off.
  • October 23 consumer sentiment is due at 10:00 a.m. ET, after the 4:11 a.m. move, and cannot explain it.