🟢 Technology ETF (SPRX) is trading 2% up in after-hours trading

SPRX is trading at $40.36, up +2.00% after hours, with no confirmed catalyst in available reports.

• The regular session closed at $39.57, down 5.67%.
• Technology faced pressure from doubts about debt-funded AI infrastructure spending and data-center returns; the Nasdaq fell 2.14% on October 16.
• Hotter-than-expected September CPI reinforced rate concerns, while the Arm-Qualcomm verdict pressured chip stocks. Intel fell after hours on weak Q4 guidance, but that does not explain SPRX’s gain.