🔴 Technology ETF (TECL) is trading 6.68% down on October 15, 2026, as CPI revives rate-hike fears

TECL is trading $199.24 (-6.68%) as hotter-than-expected September CPI renewed rate-hike and higher-for-longer concerns, pressuring rate-sensitive technology stocks.

• September CPI was 3.7% annually versus 3.6% expected.
• The selloff broadened across global technology and semiconductor shares; Nasdaq futures fell, and Asian chipmakers tumbled.
• TECL had already closed October 14 at $211.68, down 9.04%, amid the CPI-driven tech decline.