🔴 IUIT.SW is trading 3.15% down today as broad tech selloff and Fed hike bets weigh on markets

IUIT.SW is trading at $49.18 (-3.15%) as a broad technology-sector selloff and rising Fed hike bets pressure global markets.

• The NASDAQ Composite fell 2.95% with futures weakening overnight as inflation concerns and a wider risk-off tone hit investor sentiment.
• The decline is driven by sector-level pressure rather than fund-specific news or individual holding events.