🔴 Large Blend ETF (NASA) is trading 3.4% down in pre-market after hotter-than-forecast CPI

NASA is trading at $20.85, down 3.38%, after September CPI rose 3.7% year over year, above the 3.6% forecast, renewing Fed rate-hike concerns and pressuring equities.

• Asian markets and semiconductor shares extended losses; Nasdaq futures were down about 1.1%, weighing on NASA’s technology exposure.
• The decline follows a sharp multi-session retreat in NASA; today’s PPI and Retail Sales releases add near-term uncertainty.