🟢 Wahed FTSE USA Shariah ETF is trading 4.2% up today as tech shares rebound from semiconductor selloff

Wahed FTSE USA Shariah ETF is trading 4.2% higher today as information technology, its largest sector weight, rebounds following last week’s semiconductor-led selloff.

• Strong Nasdaq futures and a risk-on tone toward growth shares are supporting U.S. tech stocks after fears of prolonged Fed tightness drove a steep decline in chip names.
• The move is driven by sector mean-reversion and dip-buying in high-quality technology shares, with AI leaders like NVIDIA and Broadcom showing signs of stabilization.
• With no major economic data scheduled for June 08, 2026, investors are focusing on the recovery of growth shares after the recent broader tech sector decline.