iShares Core S&P 500 ETF is trading 1.1% down today as U.S. equities pull back following yesterday’s rebound, with technology and growth-oriented names leading the decline.
- Investors are reassessing the Federal Reserve's potential rate path following a stronger-than-expected May jobs report.
- Markets remain cautious ahead of upcoming inflation data and other rate-sensitive economic releases.
- Index futures and cash markets are exhibiting a softer risk tone, reversing the previous session's gains.