ARKK is trading 3.1% down today as Federal Reserve Chair Kevin Warsh’s hawkish inflation message boosted rate uncertainty and bond yields.

  • Technology and other long-duration growth stocks are reversing part of the August 27 AI-led rally.
  • Marvell’s disappointing market reaction and a broader Nasdaq pullback are weighing on risk appetite.
  • A mixed market and softer consumer outlook add pressure, while Nvidia’s strong forecast limits the technology-sector decline.