SCHG is trading at $35.98 (-1.65%) as hotter-than-forecast inflation lifted rate concerns and Treasury yields.

  • September CPI rose 3.7% year over year, above the 3.6% forecast; hotter core inflation also weighed on growth and technology shares.
  • Semiconductor shares extended their selloff amid concerns about demand, valuations, and equipment spending.
  • The broader market was lower, with the Nasdaq down 1.66%, consistent with pressure on SCHG’s technology-heavy holdings.