🔴 IVV is trading 1.1% down today on global risk-off sentiment ahead of FOMC minutes

IVV is trading 1.1% down today as global risk-off sentiment intensifies and investors de-risk ahead of the FOMC minutes release.

• The decline mirrors broader market weakness, with the S&P 500 index down 1.08% in pre-market trading alongside losses in the NASDAQ and Dow.
• Global sentiment turned sharply negative overnight following a 5.4% drop in Seoul's market and persistent weakness in tech and crypto sectors.
• Market participants are awaiting the Fed's meeting minutes to gauge the future path of interest rates and its potential impact on growth-sensitive sectors.