🔴 JEDI is trading 3% down today amid Nasdaq weakness and a pullback in the industrials sector

JEDI is trading 3% down today as weak Nasdaq-100 futures drag growth-linked themes and the industrials sector faces a broad pullback.

• Global risk-off sentiment and energy/geopolitical volatility are weighing on the ETF, which maintains over 50% exposure to the industrials sector.
• Market participants are repositioning ahead of the key PCE inflation report scheduled for release later this week.