State Street SPDR S&P 500 ETF Trust is trading 1.1% down today as investors brace for the 8:30 AM ET Consumer Price Index and real earnings reports, which could shift expectations for Federal Reserve policy and interest rates.
- The decline reflects continued weakness in large-cap technology and software names following a sharp tech-led reversal on June 9.
- Broader overnight risk-off sentiment is weighing on the market, with global equities, commodities, and cryptocurrencies all trading lower.