🟢 SPYG is trading 2.1% up today as the tech rebound extends and AI sentiment improves

SPYG is trading 2.1% up today as large-cap growth and information technology names extend their rebound, lifting the fund in pre-market trading.

• The information technology sector, which represents over 40% of the ETF, is catching a bid as investors look past recent AI-related volatility and focus on improving risk sentiment.
• Tech strength follows the June 29 rally led by large-cap technology stocks during the Russell index reconstitution.
• Easing Middle East tensions are providing additional support for growth and AI-exposed names.