In ETF news, the ERShares Private-Public Crossover ETF saw a significant outflow of 14,800,000 units, a 19.1% decrease from the previous week. Nvidia and Meta Platforms were among the largest components of XOVR, with Nvidia up 1.6% and Meta Platforms down 0.4% in morning trading.

The Defiance Daily Target 2X Short QBTS ETF experienced the largest percentage decrease in units, losing 1,200,000 units or a 38.5% decline compared to the previous week.

Read more at Nasdaq: XOVR, QBTZ: Big ETF Outflows