🔴 iShares Global Clean Energy ETF is trading 3.03% down today as growth sell-offs and higher-for-longer Fed expectations pressure clean energy

iShares Global Clean Energy ETF is trading at $20.00 (-3.03%) as growth and tech sell-offs and higher-for-longer Fed expectations weigh on rate-sensitive sectors.

• Clean energy shares are under pressure as broader market indexes move lower, impacting risk-on assets.
• The fund broke below its 50-day moving average on June 09, reinforcing near-term technical weakness.