🔴 Large Growth ETF (PWB) is trading 1.7% down today as oil-driven inflation fears pressure tech

PWB is trading at $154.57, down -1.69% as oil-driven inflation concerns pressure technology stocks.

• The broader risk-off session has the S&P 500 down 0.69% and NASDAQ Composite down 0.85%.
• Brent crude remains above $100 after escalating U.S.-Iran tensions, reviving inflation concerns and lifting Treasury yields.
• August PPI showed headline inflation at 5.4% year over year; investors await Oracle and Adobe earnings.