ARKX is trading at $29.50, down 3.37%, as hotter-than-expected U.S. inflation revived concerns that interest rates may stay higher, weighing on rate-sensitive equities.
- September CPI rose 3.7% year over year, versus 3.6% expected.
- Industrials fell 1.37% in the cited session data.
- The EU’s new defense-production funding is a positive industry development, but does not explain the broad decline.