USD is trading at $86.30 (-4.49%) as a broad pre-market pullback in growth stocks and lower NASDAQ-100 futures weigh on the sector.
- The fund’s 29% information technology exposure makes it highly sensitive to the current cooling of tech sentiment and overnight weakness in the tech complex.
- A stronger dollar and mixed global risk tone are adding further pressure, stalling the sector rebound seen on July 6, 2026.