🔴 Tech ETF (SPRX) is trading 2.68% down as AI-policy concerns weigh on AI-infrastructure stocks

SPRX is trading at $34.47, down 2.68%, as concerns about tighter AI oversight weigh on AI-infrastructure stocks.

• Democrats’ congressional sweep raised concerns about tighter AI oversight, data-center scrutiny, and possible changes to technology incentives.
• The pressure was selective: AMD and Arista Networks rallied after strong results and outlooks.
• Broader U.S. indexes were sharply higher, pointing to AI-policy concerns—not a broad-market selloff—as the likely drag on this tech-heavy ETF.