🔴 Large Growth ETF (XOVR) is trading 1.55% down as hotter CPI fuels rate concerns

XOVR is trading at $20.94, down -1.55%, as hotter-than-expected September CPI—3.7% year over year—stoked expectations of higher-for-longer rates and pressured growth stocks.

• Technology and AI-linked shares led the broader selloff; semiconductor losses extended into a sixth session as borrowing-cost and AI-spending concerns weighed on the sector.
• XOVR fell 2.75% on October 14 and, according to the supplied quote, remains lower during open trading on October 15.