QTOP is trading at $37.22, down 3.20%, as September CPI came in at 3.7% year over year, above the 3.6% forecast, reviving expectations of tighter Fed policy and pressuring growth shares.

  • Overnight, Asian chipmakers sold off sharply, while Nasdaq futures fell about 1.1%.
  • U.S. PPI and Retail Sales are due at 8:30 a.m. ET, adding near-term uncertainty for yields and technology shares.