IITU.L is trading at £3921.00 (-3.04%) as September CPI came in above forecast, reviving rate concerns.

  • Higher borrowing costs and concerns over debt-funded AI infrastructure weighed on technology and chip shares globally, amid a broad tech selloff.
  • TSMC shares also fell despite record profits.
  • U.S. technology stocks rebounded from early losses, but the Nasdaq finished lower, consistent with continued pressure on the sector.