SPYG is trading at $118.98, up 2.12%, as semiconductor strength supports technology shares. - AMD rose more than 7% pre-market after strong results and an upbeat sales outlook. - U.S. futures recovered from sharp early losses as investors assessed the Democratic sweep and its potential implications for AI oversight; major indexes and futures were higher, suggesting broader gains. - Election-related uncertainty around AI regulation remains a counterweight, so the rebound may be volatile.