IUSG is trading at $181.14 (+2.37%) following a broader rebound in information technology and semiconductor stocks after the prior session’s selloff.
- Overnight risk appetite improved as Nasdaq futures rose 1.07% and traders reacted to the Fed holding rates steady alongside a strong Microsoft earnings report.
- The ETF is seeing significant gains due to its heavy weighting in mega-cap growth names such as NVIDIA and Microsoft, which are leading the large-cap tech recovery.