🔴 Technology ETF (LYTE) is trading 5.61% down on October 15, 2026, as CPI stokes rate fears

LYTE is trading at $20.30, down 5.61%, as hot September CPI of 3.7% year over year, above forecasts, lifted rate concerns and pressured rate-sensitive technology shares.

• A global semiconductor selloff deepened amid worries about AI investment costs and valuations; Nasdaq futures fell more than 1%.
• Despite strong results and a higher forecast, ASML’s AI demand outlook has not stemmed the broader chip-sector decline.