🔴 Large Blend ETF (MTUM) is trading 1.9% down in after-hours trading after higher Fed-hike odds pressure technology shares

MTUM is trading at $298.84, down 1.94% after-hours despite a 1.82% regular-session gain, as higher Fed-hike expectations pressured technology shares.

• Technology accounts for 47.7% of the allocation; Broadcom fell 2.7% after weak guidance, while Zscaler dropped 5.5% after fiscal-2027 growth guidance.
• A stronger-than-expected August jobs report lifted September Fed-hike expectations and Treasury yields.
• Nasdaq resilience and semiconductor strength partly offset late software and technology selling.