🟢 Tech ETF (XSD) is trading 3.6% up in pre-market as tech shares rebound from AI-spending selloff

XSD is trading at $468.41, up +3.60% in pre-market, in a relief bounce after Thursday’s AI-spending-driven tech selloff.

• Technology shares trimmed losses, while Nasdaq 100 futures edged up 0.1%.
• Caution persists about AI investment returns, and semiconductor sentiment remains weak after the chip rout.
• The final U.S. consumer sentiment reading is still ahead and has not yet provided a fresh data catalyst.