Wahed FTSE USA Shariah ETF is trading 2.9% up today as the technology sector rebounds amid a broad improvement in market risk appetite.
- The ETF is heavily tilted toward information technology and communication services, sectors currently benefiting from stronger S&P 500 and Nasdaq futures.
- Renewed demand for growth assets and firmer cryptocurrency prices are supporting tech-sensitive segments, helping the fund recover from recent pressure following hotter-than-expected May CPI data.