XLK is trading at $168.62, up +2.48%, as investors buy technology shares after last week’s sharp sell-off.

  • Broad market indices are also higher, and sector buying suggests investors see value after the downturn.
  • The relief rally outweighs pressure on Nvidia shares from its board investigation. Investors are also watching upcoming inflation data and major AI-company earnings, adding to near-term sector volatility.