🔴 Tech ETF (FTXL) is trading 1.59% down despite broad-market gains

FTXL is trading at $205.71, down 1.59%, as technology holdings lag broad-market gains.

• The decline points to weakness among technology holdings, not a market-wide selloff.
• Semiconductor enthusiasm followed AMD’s record $13.4 billion quarterly revenue and 97% data-center growth, but did not keep FTXL higher.
• Election-related concerns over AI regulation and data-center constraints, plus pressure on Apple from higher memory costs, may weigh on parts of tech; neither is established as FTXL’s direct cause.