🔴 State Street SPDR S&P 500 ETF Trust is trading 1.1% down today ahead of CPI data and tech sector weakness

State Street SPDR S&P 500 ETF Trust is trading 1.1% down today as investors position defensively ahead of the latest CPI and real earnings data, which may influence future Fed interest rate policy.

• Tech and growth sectors are leading the market decline, with Nvidia and other semiconductor and AI-related names extending recent losses and dragging the index lower.
• Broader risk-off sentiment is being driven by renewed geopolitical tensions with Iran and concerns over sticky inflation, fueling higher volatility across the S&P 500, Nasdaq, and Dow.