Invesco S&P 500 Momentum ETF is trading 2.1% up today alongside a rebound in the information technology sector, which makes up more than half of the ETF’s weight.

  • Futures tied to the Nasdaq Composite and S&P 500 are firmly higher, signaling a risk-on tone favoring growth and momentum names.
  • The move follows a sharp Fed-driven selloff in technology shares on June 17, 2026, with markets now stabilizing as investors reassess the rate path.
  • Market participants are rotating back into tech and AI-related momentum stocks as sentiment shifts back toward growth.