🟢 Intel ETF (INTC.TO) is trading 4.1% up today as in-line August CPI eased inflation fears

INTC.TO is trading at CA$58.49 (+4.07%), rebounding after the September 10 selloff as August CPI rose 3.4% year over year, matching expectations and reducing immediate fears of an upside inflation surprise.

• The move is primarily global and sector-driven, with easing inflation anxiety supporting technology stocks.
• Treasury yields, oil above $100 per barrel, and Intel’s US$20 billion equity offering remain risks.