AIQ is trading at $60.12 (-1.63%) as hawkish comments from Fed Governor Lisa Cook and a cautious global backdrop weigh on the tech sector.
- Tech sentiment is softening following a decline in Nasdaq futures and rising geopolitical tensions between the U.S. and Iran, which have pushed oil prices higher.
- Earlier support from cooler CPI data has faded as investors pivot to a risk-off stance ahead of upcoming Retail Sales data and TSMC earnings.