🔴 Industrials ETF (POW) is trading 3% down as hotter-than-expected CPI lifts Treasury yields

POW is trading at $25.04, down 3.01%, as hotter-than-expected CPI lifted Treasury yields and revived expectations of further Fed tightening.

• September headline CPI rose 3.7% year over year versus 3.6% forecast; core CPI was 2.6% versus 2.5%.
• The broader market was also lower, and higher borrowing costs can pressure industrial and electrification-related shares.
• The move appears consistent with a macro-driven risk-off session, not a confirmed POW-specific company catalyst.