iShares Nasdaq Top 30 Stocks ETF is trading at $38.80 (+2.65%) as the broader information technology sector rallies amid a risk-on market opening supported by lower oil prices and easing inflation.
- The move aligns with broad equity strength, with Nasdaq futures and growth stocks leading the day's gains.
- While the ETF’s June 15 ex-dividend date may be creating a small mechanical adjustment, the primary driver is sector-wide tech strength and improved sentiment.