SP Funds S&P 500 Sharia Industry Exclusions ETF is trading 3.7% up today as growth and tech-sensitive assets stage a relief bounce following a sharp selloff triggered by recent jobs data.
- The ETF is tracking broader gains in large-cap growth names as S&P 500 and Nasdaq futures move higher in pre-market trading.
- Investors are reassessing the hawkish interest rate repricing that pressured the fund during the previous session, with no major new U.S. economic data on the calendar to drive further volatility.