IITU.L is trading 3.1% up today as the S&P 500 Information Technology sector rebounds following a significant tech-led selloff in the previous session.
- Renewed strength in megacap tech names and a pre-market recovery in US index futures are lifting the sector.
- The ETF, which holds heavy weights in NVIDIA, Apple, and Microsoft, is benefiting from buyers returning to growth assets after geopolitical-driven risk-off pressure earlier this week.
- The rebound signals a shift in sentiment as investors move back into the tech sector following the recent volatility.