🟢 Wahed FTSE USA Shariah ETF is trading 1.7% up today on a tech-led market rebound and easing geopolitical tensions

Wahed FTSE USA Shariah ETF is trading at $70.14 (+1.66%) as a sector-wide recovery in information technology and improving market sentiment drive gains.

• Broad strength in the Nasdaq and technology sector is lifting the fund, which maintains a heavy 49.5% allocation to the IT sector.
• Easing geopolitical pressures and stronger futures are supporting a broader rebound in U.S. equities as buyers return to risk assets following recent weakness.
• The current rally is outweighing previous downward pressure from Oracle’s AI-spending concerns that impacted the tech sector earlier in the week.