🔴 S&P 500 ETF (SPY) is trading 0.6% down as AI selling pressures technology stocks

SPY is trading at $759.55, down approximately 0.6% as AI-related selling pressures technology stocks.

• The September 11 close was $764.29 amid broad U.S. futures weakness after sharp selling in Asian AI and semiconductor shares.
• Major AI leaders’ calls to slow frontier-model development raised concerns about AI investment and hardware demand.
• Crude oil near $104.60–$107.81 and Treasury yields near 5.0% add inflation and interest-rate pressure to SPY’s 37.7% information-technology allocation; Nasdaq futures underperform S&P futures.