The JPMorgan Equity Premium Income ETF (JEPI) closed at $57.53 on September 6, 2024, down 0.69% as technology stocks, a significant component of the ETF's holdings, faced substantial pressure. Meta Platforms, a key holding, saw its shares drop by 3.14% to $500.64, driven by a broader sell-off in tech stocks following a weaker-than-expected August jobs report. This report has heightened concerns about the Federal Reserve's interest rate policy, leading to increased volatility in the tech sector. The Nasdaq Composite, heavily weighted with tech stocks, fell 2.4%, marking its worst week since April. Investors are grappling with the implications of a potential rate cut, with uncertainty about whether the Fed will opt for a quarter- or half-point reduction. This uncertainty has contributed to a risk-off sentiment, particularly affecting high-growth tech stocks. Additionally, the broader market downturn was exacerbated by a decline in U.S. crude oil prices, which hit their lowest level since June 2023, further weighing on investor sentiment.