iShares Global Clean Energy ETF is trading at $20.36 (-3.05%) as a broader risk-off sentiment pressures rate-sensitive growth and tech-linked assets.
- Renewed weakness is driven by higher-for-longer Fed expectations and a sharp decline in the Nasdaq, which weighs heavily on growth-oriented themes like global clean energy.
- The downward move follows a period of dip-buying interest, as softer risk sentiment now triggers a reversal in clean energy and technology sectors.