🔴 State Street SPDR S&P 500 ETF Trust is trading 0.2% down today on CPI anticipation and tech sector volatility

State Street SPDR S&P 500 ETF Trust is trading 0.2% down today as investors brace for the 8:30 AM ET CPI and real earnings reports, which could shift Federal Reserve rate-cut expectations and Treasury yields.

• Selling is concentrated in growth and technology sectors, with Nasdaq futures underperforming amid recent AI and semiconductor volatility.
• Heightened geopolitical tensions are contributing to a broader risk-off tone, dragging the S&P 500 slightly lower in pre-market action.
• Market participants are closely monitoring the inflation data for signals on the future path of interest rates and its impact on equity valuations.