🔴 STXNDQ.JO is trading 3.03% down today as hotter-than-expected U.S. inflation heightened rate-hike concerns

STXNDQ.JO is trading at ZAc 27972.00, down 3.03%, amid broader technology-market pressure.

• The ETF tracks the Nasdaq-100, making weakness in U.S. technology shares relevant to its move.
• Reuters reported that hotter-than-expected U.S. inflation on October 14 heightened rate-hike concerns and weighed on Nasdaq and AI-related stocks.
• No clear company-specific catalyst was identified.