🔴 Roundhill Magnificent Seven ETF is trading 3.1% down today after hawkish Fed signals hit mega-cap tech

Roundhill Magnificent Seven ETF is trading 3.1% down today as investors sell mega-cap technology following the Federal Reserve’s latest policy decision.

• The Fed held rates steady but signaled no cuts for the remainder of 2026 and left the door open to future hikes, pushing yields and discount rates higher.
• This hawkish stance is dragging the tech-heavy Nasdaq and concentrated Magnificent Seven complex lower.
• MAGS is moving in line with sector-wide weakness as markets adjust to a higher-for-longer interest rate environment.