US sector ETFs mixed at open: healthcare up 2%, banks up 1%, semis down 2%

The split at the open points to rotation rather than a broad risk-off move: defensive healthcare and rate-sensitive banks are bid while semis and tech lag. That combination is notable because banks and chips usually respond to different drivers, so the divergence suggests sector-specific positioning rather than a single macro signal. The open question is whether this dispersion holds through the session or narrows as the broader tape finds direction.