🔴 HVAC is trading 3.39% down today as hotter-than-expected September inflation pressured equities

HVAC is trading at $32.98, with a -3.39% move, as hotter-than-expected September inflation pressured U.S. equities and lifted rate-hike concerns.

• The decline was on October 14.
• HVAC is an industry-focused ETF with Carrier among its holdings.
• Goldman Sachs downgraded Carrier and Lennox, citing margin and residential-demand concerns; available reporting does not establish those concerns as the direct cause of the ETF’s move.