Goldman Sachs Nasdaq-100 Premiu is trading 1.5% up today as its tech-heavy portfolio rebounds alongside the information technology sector after last week’s sharp rate-driven selloff.
- Investors are selectively buying beaten-down tech and AI names as broader indices trend higher in early trading.
- The recovery follows a June 5 downturn where stronger May jobs data pushed yields and rate-hike expectations higher, punishing growth-oriented stocks.
- With no new economic data releases scheduled for today, Nasdaq-linked income products are seeing renewed interest as market sentiment stabilizes.