🔴 Technology ETF (JEDI) is trading 3.15% down today as industrials fall on trade-deficit concerns

JEDI is trading 3.15% down as industrials decline approximately 0.75% in a broadly stable-to-positive market amid trade-deficit concerns.

• July’s U.S. goods trade deficit reached $118.8 billion; industrial-goods exports fell 11.2%, raising growth and manufacturing-demand concerns.
• Nvidia strength is not offsetting JEDI’s 51% industrials allocation; traders await Jackson Hole commentary and additional rate-policy signals.
• Parsons’ defense-contract announcement is positive company news, but no single holding is identified as dominant enough to explain the ETF-wide decline.