JEDI is trading at $20.30 (-3.16%) as hotter-than-expected September CPI revived rate-hike concerns and pushed Treasury yields sharply higher, weighing on rate-sensitive stocks.
- Industrials fell 1.37% on October 15, with Caterpillar and GE Vernova among the pressured names.
- GE Vernova’s drop and broader AI-infrastructure selling added pressure, while JEDI’s industrials-heavy mix amplified the move.