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

State Street SPDR S&P 500 ETF Trust is trading 0.2% lower as a risk-off tone prevails ahead of the June 10 CPI report and real earnings data.

• Investors are closely monitoring upcoming inflation data for potential shifts in Federal Reserve rate-cut expectations.
• Tech and semiconductor volatility, fueled by Apple’s AI disappointment and rising geopolitical tensions near Iran, continues to pressure the index due to its heavy information-technology weighting.