SP Funds S&P Global Technology ETF is trading 3.1% up today as technology shares rebound while the market digests shifting Fed expectations and a firmer risk tone.
- The sector is recovering from the June 5 selloff, benefiting from a broader improvement in market sentiment despite pressure from rising yields and a stronger dollar.
- The move reflects the ETF's heavy exposure to mega-cap tech and semiconductors, which remain highly sensitive to interest rate outlooks and AI-driven momentum.