🔴 IGM is trading 2.26% down in pre-market as investors question AI spending

IGM is trading at $159.00 (-2.26%) in pre-market as technology shares faced renewed pressure amid investor questions about AI spending.

• IGM is the iShares Expanded Tech Sector ETF, with major technology-company exposure.
• Reuters said rising oil and Middle East tensions also weakened risk sentiment, pointing to a broader sector/global move; no clear IGM-specific catalyst was found.
• The October 21 Micron–Indium item does not directly explain the ETF’s decline.