Fidelity MSCI Information Technology Index ETF is trading 3.9% up today as investors buy the dip following a sharp tech-sector selloff triggered by a hawkish Federal Reserve decision in the prior session.
- Nasdaq futures are signaling a strong recovery for growth stocks as risk appetite returns and investors reassess the Fed’s steady-rate stance.
- Market participants are positioning ahead of key economic indicators, including new labor data and the Philadelphia Fed manufacturing report.