🔴 First Trust Dow Jones Internet Index Fund is trading 1.5% down today amid a broad tech sell-off and macro pressure

First Trust Dow Jones Internet Index Fund is trading 1.5% down today as internet and broader technology shares sell off amid a wider risk-off move in U.S. equities.

• Major indices, including the S&P 500, Nasdaq Composite, and Dow Jones, are down more than 1% following CPI and real earnings data that prompted a hawkish repricing of Fed expectations.
• The fund's decline is primarily driven by its heavy exposure to information technology and communication services, tracking sector-wide weakness rather than fund-specific news.