GARY is trading 3.8% up today as cooling PCE inflation and strong Microsoft earnings fuel a significant rebound in growth and technology stocks.
- The ETF, which holds nearly 50% of its assets in information technology, is benefiting from a broader Nasdaq Composite recovery of over 2.5%.
- Investor sentiment has shifted toward buying the dip following recent volatility caused by semiconductor weakness and geopolitical tensions.
- Macroeconomic relief from cooling inflation data is boosting risk appetite across large-cap growth sectors, lifting tech-heavy funds.