🔴 Large Blend ETF (XLG) is trading 1.5% down as AI infrastructure debt concerns pressure technology stocks

XLG is trading at $62.90, down 1.54%, as investors cut AI-linked exposure amid data-center debt concerns.

• Investors are cutting technology and semiconductor exposure over concerns indebted data-center builders may struggle to fund expansion and earn returns. CoreWeave’s debt load is a prominent focus, and chipmakers weakened.
• Hotter-than-expected September CPI revived rate concerns, pressuring growth stocks; the Nasdaq fell 2.16% as the selloff spread across the market.
• XLG’s large technology-sector exposure makes the sector decline a key driver.