🟢 Tech ETF (SPRX) is trading 1.97% up, on AI-chip demand optimism

SPRX is trading $52.27, up 1.97%, as AI-led technology momentum carries over from October 5.

• On October 5, Nvidia and Microsoft helped lift the Nasdaq 100 to a record high; Micron’s strong results supported AI-chip demand expectations.
• October 6 futures pointed higher; a softer-than-expected trade deficit may support risk appetite, while broad index gains suggest the move extends beyond technology.
• Rising Treasury yields and losses among some Asian chipmakers temper the positive backdrop.