Wahed FTSE USA Shariah ETF is trading 0.9% higher today alongside a firmer information technology complex and a broader equity rebound following the June 17 Fed policy hold.
- The fund's performance is heavily influenced by the technology sector, which accounts for approximately 49.1% of its total holdings.
- Market sentiment is trending upward as investors digest the Federal Reserve's higher-for-longer policy stance and shifting interest rate expectations.
- While no fund-specific catalysts were reported, the ETF is tracking a broader tech-led response to the Fed outlook, with marginal support from Accentureβs recent deal news.