🟢 NEOS NASDAQ-100(R) High Income ETF is trading 1.6% up today as tech rebounds after Fed removes forward guidance

NEOS NASDAQ-100(R) High Income ETF is trading 1.6% up today as the information technology-heavy Nasdaq rebounds following the Federal Reserve's decision to hold rates steady and remove forward guidance.

• The ETF is closely tracking the Nasdaq’s 1%+ advance, driven by its ~59% exposure to the tech sector as investors rotate back into large-cap growth.
• Broad risk-on sentiment across U.S. equities is providing additional support, with the S&P 500, Nasdaq Composite, and Dow all trading higher in the early session.
• The recovery follows a post-Fed selloff, lifting income-oriented Nasdaq-100 strategies as investors reposition into growth sectors following the shift in Fed policy.