SPRX is trading at $32.66, up 7.06%, as investors buy beaten-down technology stocks after Friday’s recovery from the sharp post-election sell-off.
- Asian technology markets also rallied, led by semiconductor-heavy markets.
- Nvidia shares fell premarket after its board opened an investigation into CEO Jensen Huang; broader U.S. futures rose, while Nasdaq futures lagged.
- Last session, information technology led S&P 500 sector gains, supporting a sector-wide rebound.