SPYG is trading at $113.53, up 2.10% during the November 6 session as technology shares rebound after Thursday’s sharp AI-related selloff.
- Thursday’s selloff was sparked by fears that post-election AI regulation and data-center restrictions could slow infrastructure investment; chip stocks including Nvidia recovered in premarket trading.
- A stronger-than-expected jobs report showed 165,000 payroll gains and 4.1% unemployment, lifting Treasury yields and potentially limiting growth-stock gains; the Nasdaq was up 1.86%, consistent with a broad technology rebound.