🔴 iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) is trading 3.8% down today as investors rotate out of tech amid geopolitical tensions and Fed policy concerns

iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) is trading 3.8% down today as investors continue to rotate out of growth and tech-oriented names following recent volatility and geopolitical tensions.

• The drop follows a sharp intraday reversal in U.S. technology shares driven by concerns over Apple’s product news and Federal Reserve policy uncertainty.
• Geopolitical tensions in the Middle East are further pressuring high-duration tech valuations as markets brace for upcoming CPI inflation data.