IVV is trading 1% down today as a broad risk-off tone emerges following hotter-than-expected inflation and retail sales data.
- Investors are reassessing higher-for-longer rate risks, sparking profit-taking in tech and growth-heavy sectors that led recent gains.
- U.S. index futures are tracking lower amid overnight weakness in global equities after the S&P 500 reached record closes on May 14, 2026.