US Sector ETFs Open Higher; Semiconductor and Airlines ETFs Up Over 2%

The breadth of the move — chips, airlines and broad tech all leading rather than a single defensive corner — points to a risk-on open rather than a sector rotation story. Airlines sitting alongside semiconductors is the more unusual pairing, since the two rarely share a driver, which suggests macro positioning is doing more work than any single earnings or policy catalyst. Whether that breadth holds through the session, or narrows back to tech, is the open question.