XSD is trading at $470.00, with a -2.63% pre-market move as September CPI accelerated to 3.7% year over year, above expectations, reviving higher-for-longer rate concerns.

  • The inflation reading weighed on growth-sensitive technology shares.
  • The semiconductor-led selloff intensified across Asia, while Nasdaq futures fell 1.11%.
  • TSMC earnings are in focus for AI-chip demand clues; U.S. PPI and Retail Sales are due at 8:30 a.m. ET.