USD is trading 3.5% up today as sentiment in information technology (40.4% sector weight) surges on news of Nvidia CEO Jensen Huang joining President Trump's delegation to China.
- The delegation aims to discuss AI chip market access, providing a significant catalyst for the semiconductor-heavy leveraged ETF.
- Tech resilience is currently outpacing the broader market, with the NASDAQ up 0.6% while the Dow lags amid ongoing inflation pressures from recent CPI and PPI data.