IUSG is trading at $189.92, down 1.62%, as questions over returns on debt-funded AI infrastructure spending pressure AI-exposed stocks.
- The S&P 500 information technology sector was the biggest drag on the broader market, down 0.9% in morning trading.
- CoreWeaveβs debt concerns contributed to pressure on AI-exposed stocks.
- Hot September inflation revived rate-hike worries, raising borrowing-cost concerns for growth and technology stocks.