🔴 Large Blend ETF (MTUM) is trading 2.73% down as CPI stokes rate-hike fears

MTUM is trading at $298.23, down -2.73%, as September CPI accelerated to 3.7% year over year, stoking rate-hike fears and pressuring growth stocks.

• A global selloff in AI and semiconductor shares deepened, with Nasdaq futures down more than 1% amid concerns about financing AI investment.
• Information technology accounts for 54.4% of the portfolio, making tech weakness the clearest sector driver; strong ASML results offer a counterpoint.