🟢 IUSG is trading 1.9% up today as tech and growth stocks recover from AI-driven losses

IUSG is trading 1.9% up today as information technology and broader growth stocks recover from steep AI-spending and semiconductor-driven losses earlier this week.

• Sentiment is stabilizing following the shock from Meta’s heavy AI capital expenditure plans and a Samsung-led semiconductor rout.
• The recovery aligns with broader gains in the Nasdaq and S&P 500 as markets digest the latest Federal Reserve rate decision.
• Major U.S. technology names are leading the bounce, driving a sector-wide recovery for growth-focused ETFs.