🔴 IGV is trading 3.3% down today on Apple downgrade and tech weakness

IGV is trading 3.3% lower today as a downgrade of Apple and broader risk-off sentiment toward high-growth tech weigh on software names.

• KeyBanc's downgrade of Apple and concerns over an overextended AI rally are pulling the software sector lower ahead of a key U.S. CPI release.
• The decline follows recent selling pressure in semiconductors and the broader tech market, signaling a shift in investor sentiment.