🔴 Industrials ETF (ORBX) is trading 3.04% down as hotter-than-forecast CPI lifts Treasury yields

ORBX is trading at $38.00, with a -3.04% change, as September inflation topped forecasts and lifted Treasury yields.

• September CPI accelerated to 3.7% year over year, above the 3.6% forecast; core CPI also exceeded expectations, reviving expectations of a Federal Reserve rate hike.
• Broader market weakness weighed on shares; ORBX’s communication-services and technology exposure may add sensitivity.
• Rocket Lab’s reported overnight move does not establish a dominant holding-specific cause.