Roundhill Space & Technology ETF is trading 1.4% down today as hotter-than-expected inflation and shifting Federal Reserve expectations drive a broad U.S. equity selloff.
- Industrials, the fund’s largest sector weight, are under pressure alongside cyclicals as investors move risk-off and reprice growth-sensitive areas.
- Macroeconomic concerns regarding inflation and interest rates are currently dominating near-term trading, outweighing stock-specific positives such as Boeing’s new 737 MAX production line.