🟢 Large Growth ETF (PWB) is trading 1.56% up today on softer-than-expected July PPI

PWB is trading at $163.64 (+1.56%) as softer-than-expected July PPI reduced rate-hike concerns and supported growth-stock valuations.

• July PPI was flat monthly versus a projected 0.2% increase.
• Weekly jobless claims rose to 209,000, reinforcing expectations for steady Federal Reserve policy.
• Technology is leading the broader market, while semiconductor and AI-infrastructure strength—including NVIDIA’s $500 billion financing initiative—further supports PWB’s heavily technology-weighted portfolio.