Invesco S&P 500 Momentum ETF is trading 2.2% higher today as information technology, its largest sector weight, rebounds alongside stronger Nasdaq and S&P 500 futures.
- The move follows a prior tech-led selloff tied to hotter CPI data and investor concerns over AI infrastructure spending.
- A broad risk-on tone is lifting growth and momentum names ahead of PPI data, supporting the ETF’s tech-heavy portfolio despite Middle East tensions and higher oil prices.