USD is trading at $65.12 (-5.91%) as investors weigh prospects for stricter AI and data-center oversight after Democrats gained control of Congress. - The concerns pressured technology shares and Asian markets earlier in the session; major U.S. indexes are higher, while technology names are mixed. - AMD’s strong results and outlook support semiconductor sentiment but have not prevented the ETF’s decline. - As a leveraged equity ETF, USD can magnify underlying sector swings intraday.