IUSG is trading 2.1% down today as its tech-heavy portfolio tracks a broad selloff fueled by AI capex concerns and higher-rate risks for growth stocks.
- Investors are reacting to TSMC’s aggressive investment expansion and hawkish Federal Reserve signals, impacting richly valued tech and AI infrastructure names.
- Escalating U.S.–Iran tensions are further dampening market sentiment, adding pressure to the fund's information technology-heavy holdings.