NODE is trading at $35.16, down -3.50%, as its 41.3% technology portfolio weight exposes it to sector weakness.
- September CPI rose 3.7% year over year, above 3.6% expectations, renewing concern that inflation could delay Fed easing and pressure equities.
- Semiconductor shares face added pressure from reported Chinese memory-chip advances and concerns about AI spending, weighing on chip stocks across markets.
- Broader declines add pressure: the Nasdaq is down 0.84% and the S&P 500 is down 0.60%.