🔴 Electrification ETF (POW) is trading 3.55% down in pre-market as Fed hike odds rose

POW is trading at $25.22, down -3.55%, after Friday’s hotter-than-expected core CPI reaction.

• Nasdaq futures fell sharply as chip stocks weakened and AI-capital-spending prospects were reassessed.
• Higher Treasury yields and approximately 86%-87% Fed hike odds this week pressure rate-sensitive industrial, utility and technology holdings.
• Rising oil prices amid Middle East tensions add inflation and geopolitical risks. No major U.S. economic releases are scheduled for September 14, 2026; sector-wide risk reduction, not POW-specific news, appears to drive the move.