WQTM is trading at $32.50, up 2.04% from the September 18 close, as technology stocks lead a broader risk-on pre-market move amid overnight optimism about the upcoming Trump-Xi summit.
- Nasdaq futures are up 1.13%, with chip and optical stocks among the strongest movers.
- Successful U.S.-China talks, strong Asian technology markets, and resilient semiconductor demand are supporting the sector.
- Falling oil prices and lower Treasury yields are also supporting growth-oriented technology shares.