🔴 iShares Nasdaq Top 30 Stocks ETF is trading 1.6% down today as tech and growth stocks face pressure ahead of key U.S. CPI data

iShares Nasdaq Top 30 Stocks ETF is trading 1.6% down today as information technology and broader growth stocks remain under pressure following Tuesday’s sharp intraday reversal in U.S. tech indices.

• Futures for the Nasdaq and S&P 500 are extending losses overnight as investors brace for a crucial U.S. CPI inflation release.
• Elevated yields and a risk-off sentiment continue to weigh on long-duration, growth-heavy tech names that dominate the ETF's portfolio.