🔴 Nasdaq Income ETF (JEPQ) is trading 1.51% down as AI debt concerns weigh on tech stocks

JEPQ is trading at $59.19, down 1.51%, as AI infrastructure debt concerns weigh on technology shares.

• Debt concerns around AI infrastructure, especially CoreWeave, are weighing on technology and semiconductor shares. JEPQ’s 49.9% information technology exposure makes the sector selloff a likely major contributor.
• Hotter-than-expected inflation has raised rate-hike concerns, adding pressure to capital-intensive AI spending and growth stocks.
• The Nasdaq was down 1.59% in the supplied market context, consistent with broad tech weakness.