🔴 QTOP is trading 2% down today amid a tech-led pullback and caution ahead of PCE inflation data

QTOP is trading 2% lower today as growth and technology assets face a broader pullback alongside declining index futures.

• Information technology makes up over half of the QTOP portfolio, leaving the ETF vulnerable to the current weakness in the tech sector and NASDAQ futures.
• Investors are adopting a risk-off approach and reassessing rate-cut expectations ahead of Thursday’s key PCE inflation report.