TECL is trading at $204.72, up +6.13%, as technology stocks recover from the September 16 Federal Reserve-driven selloff.
- Nasdaq-100 futures rose nearly 1%, while Treasury yields declined as investors moved beyond the initial shock of the Fed’s 25-basis-point hike.
- Semiconductor strength, including gains in Intel and other chipmakers, reinforced technology-sector momentum.
- The Nasdaq Composite gained 1.30%, with the broader market also higher.