SPRX is trading at $51.95 (+1.70%) as AI and semiconductor strength in Japan, following Micron’s upbeat results and outlook, supports technology-sector sentiment.

  • Friday’s weaker jobs report eased rate-hike concerns, helping support rate-sensitive shares.
  • U.S. index futures were slightly lower, tempering the broader backdrop.
  • U.S. services data was due at 10:00 a.m. and had not provided a catalyst as of 8:36 a.m.