🔴 U100.AX is trading 3.1% down today on broad US tech and growth stock weakness

U100.AX is trading 3.1% down today, reflecting broad weakness in large-cap US growth and technology names.

• The drop aligns with a market rotation out of richly valued tech stocks and into value and industrial sectors.
• Key megacap names like Microsoft retreated, pressuring the Nasdaq and the US 100-style indices tracked by the ETF.