Aerospace & Defense Industry Lifts iShares U.S. Aerospace & Defense ETF
On a turbulent Wednesday trading session, the iShares U.S. Aerospace & Defense ETF emerges as a beacon of stability, surging approximately 1.6% during the day. Within this ETF, notable performers include Axon Enterprise, soaring by an impressive 14.7%, and Bwx Technologies, climbing a commendable 11.3%.
Chinese Tech Faces Headwinds in Invesco China Technology ETF
Conversely, the Invesco China Technology ETF struggles to stay afloat, plummeting by about 4.6% in Wednesday’s afternoon trading. Weibo shares see a decline of roughly 4.5%, and Dada Nexus follows suit, dropping about 4.4% during the day.
VIDEO: Wednesday’s ETF Movers: ITA, CQQQ
The thoughts and opinions expressed here represent the views of the author and may not align with those of Nasdaq, Inc.
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