MARS is trading at $21.70, down 4.12%, as September CPI accelerated to 3.7% year over year, above the 3.6% forecast, reviving higher-for-longer rate concerns.
- Rising yields put pressure on growth and technology stocks.
- A tech-led selloff spread through Asia, with sharp declines in South Korean and Japanese markets, while semiconductor weakness continued.
- MARS has 39.8% communication-services and 6.1% information-technology allocations.