XSD is trading at $482.18, down 2.37%, amid broad technology weakness.
- Nasdaq Composite is down 1.39%; S&P 500 and Dow are also lower. Alphabet’s revenue miss and $9.07 billion negative free cash flow pressured technology shares; its stock fell sharply after results.
- Stronger-than-expected growth and persistent inflation reinforce rate-policy caution, adding pressure to growth stocks.
- Semiconductor signals are mixed: SK Hynix’s results lifted chip shares, while Samsung’s guidance warning raises demand concerns.