🔴 Robotics ETF (ARKQ) is trading 3.2% down after hotter-than-expected September CPI

ARKQ is trading at $116.31, down -3.16%, as hotter-than-expected September CPI lifted Treasury yields and rate-hike concerns, pressuring growth and technology shares.

• Semiconductor weakness added pressure; chip-equipment shares were already under strain after Applied Materials’ outlook unsettled investors.
• The decline fits ARKQ’s technology-heavy exposure, with major holdings including NVIDIA and Palantir.