XLG is trading at $62.11, up 4.19%, as information technology shares rebound after Thursday’s AI-driven selloff. - Chip stocks recovered as investors bought the dip. - October payrolls beat forecasts, supporting economic confidence, but stronger hiring renewed concerns about a possible December Fed rate hike. - Midterm-related fears of tighter AI and data-center rules remained a sector risk; no specific late-breaking holding news was verified as the after-hours trigger.