iShares Nasdaq Top 30 Stocks ETF is trading 2.6% higher as information technology and growth stocks rebound alongside stronger U.S. equity futures.
- The recovery follows recent pressure on the tech sector driven by hotter-than-expected CPI data and concerns regarding aggressive Federal Reserve policy.
- Improved risk appetite and stabilization after the Oracle- and AI-driven selloff are lifting large-cap growth exposures, helping the ETF recover from its recent multi-day pullback.