XLG is trading at $60.69 (+1.66%) as technology shares recover on bargain-hunting after last week’s sharp sell-off.
- Semiconductor shares are mixed: Lam Research is supported by its $25 billion buyback authorization; Nvidia is down about 4% premarket amid a board investigation.
- Broader U.S. indexes are higher; investors weigh upcoming inflation data and AI-company earnings amid volatility risks. The rebound follows November 6’s partial recovery after the November 5 rout, when concerns about tighter AI and data-center regulation intensified selling.