THNQ is trading 1.55% down at $88.55 after broad technology and equity-market selling.
- August producer inflation increased 0.4% month over month.
- Rising oil prices and Treasury yields renewed higher-for-longer interest-rate concerns.
- Technology stocks, including semiconductor-related funds, weakened as investors assessed inflation data. NVIDIA’s Hugging Face acquisition is notable AI-sector news but does not directly explain THNQ’s decline.