🔴 State Street SPDR S&P 500 ETF Trust is trading 0.2% down today ahead of CPI data and tech sector weakness

State Street SPDR S&P 500 ETF Trust is trading 0.2% lower in pre-market action as investors position themselves ahead of critical economic releases.

• Market participants are awaiting the 8:30 AM ET release of Consumer Price Index (CPI) and real earnings data, which are expected to influence Federal Reserve interest rate expectations and Treasury yields.
• Selling pressure is currently concentrated in growth and technology stocks, weighing on the broader index where information technology remains the largest sector component.