IITU.L is trading 3.1% lower at $3,589.00 following a broad pullback in US large-cap technology and growth stocks.
- The ETF, which tracks the S&P 500 Information Technology sector, was weighed down by weakness in major US tech names and risk-off sentiment ahead of key earnings and economic data.
- The downward move reflects sector-wide pressure across the technology industry rather than any ETF-specific news or developments.