PWB is trading at $161.93 (-3.90%) as a broad information technology selloff and Accenture’s weak outlook weigh on growth-oriented equities.
- The NASDAQ Composite dropped 1.50% as tech weakness pressures the broader market.
- Accenture’s disappointing guidance triggered a sharp decline in the consulting giant, souring sentiment across the IT sector.
- With a heavy 53.1% technology weighting, the ETF is highly sensitive to the current sector rotation.