🟢 Tech ETF (WQTM) is trading 2% up today as cooler core PCE eases rate concerns

WQTM is trading at $32.65 (+2.00%) as cooler-than-expected August core PCE supported growth-oriented technology shares.

• Core PCE was 0.2% monthly and 3.0% annually, supporting hopes the Fed may delay rate increases.
• Q2 GDP was revised to 2.2% versus 1.5% expected, reinforcing the growth backdrop; major U.S. index futures also rose after the data.
• Micron reports after the close, keeping AI-memory stocks in focus; softer inflation and easing rate concerns remain the clearest broad catalyst.