IQQ is trading at $24.28 (-1.50%) as above-forecast September CPI revived higher-for-longer rate fears, pressuring growth and technology shares. - The broader tech selloff also reflects concerns about AI investment costs, valuations and returns; weakness spread across global chipmakers, while U.S. technology stocks remained under pressure. - The prior session’s information technology sector fell 2.6%. ASML’s strong results and higher forecast have not offset wider sector headwinds.