🔴 Large Growth ETF (IQQ) is trading 1.66% down today as debt-funded AI spending concerns pressure tech

IQQ is trading at $24.23 (-1.66%) as investors question debt-funded AI infrastructure spending and companies’ ability to finance expansion.

• CoreWeave shares fell amid scrutiny of its debt burden, adding to weakness in AI-linked stocks.
• Hotter-than-expected September inflation renewed concerns about higher rates, a headwind for growth stocks.
• The Nasdaq is down 1.35% in the supplied market context.