Spear Alpha ETF is trading 1.1% down today as rising geopolitical tensions in the Middle East and uncertainty regarding upcoming economic data trigger a risk-off shift in growth sectors.
- Broader U.S. equity weakness and higher oil prices are weighing on high-beta technology stocks, overshadowing recent AI enthusiasm following NVIDIA’s RTX Spark superchip unveiling.
- Macroeconomic worries are currently dominating trading sentiment across the tech complex as investors await key services and factory data releases.