🟢 iShares MSCI USA Momentum Factor ETF is trading 2.6% up today as tech and Nasdaq futures rebound post-Fed

iShares MSCI USA Momentum Factor ETF is trading 2.6% up today as information technology and broader Nasdaq futures rebound following the Federal Reserve’s June 17 decision to hold rates.

• The move represents a relief bounce after yesterday’s tech-led selloff, which was triggered by the central bank's hawkish guidance.
• With nearly half of the ETF concentrated in the technology sector, the price action closely tracks renewed buying in mega-cap growth and semiconductor names.
• The recovery follows the initial market shock as investors digest the Fed's interest rate outlook and stronger U.S. index futures.