Global X Robotics & Artificial Intelligence ETF is trading 3.6% higher today, rebounding after a 3% drop on June 10 triggered by macro-economic concerns and a semiconductor-led pullback.
- The recovery aligns with a broader risk-on bounce in U.S. equity futures, with S&P 500 and Nasdaq-100 contracts gaining between 0.8% and 1.2%.
- Investors are navigating a complex macro environment featuring hot inflation (4.2% CPI) and geopolitical tensions in the Middle East while awaiting the release of upcoming PPI data.