🔴 Large Growth ETF (IUSG) is trading 1.68% down as hotter-than-expected inflation lifts Treasury yields

IUSG is trading at $193.57 (-1.68%) as hot September inflation lifts Treasury yields and revives expectations of tighter Fed policy.

• Headline CPI rose 3.7% year over year versus 3.6% expected; core CPI was 2.6% versus 2.5% expected.
• Semiconductor stocks extended a multiday decline as investors weighed competition and chip-demand concerns.