Global X Robotics & Artificial Intelligence ETF is trading 3.1% down today as investors dump growth and AI-sensitive names amid renewed higher-for-longer rate concerns and a sharp reversal in technology shares.
- The ETF is tracking a broader tech-led selloff, with the Nasdaq falling over 2% as strong jobs data dampens investor risk appetite.
- AI and semiconductor stocks are retreating following an aborted rebound, weighing heavily on the robotics and artificial intelligence exposures held by the fund.