🔴 Goldman Sachs Nasdaq-100 Premiu is trading 1.5% down today as hot CPI data pressures tech and AI stocks

Goldman Sachs Nasdaq-100 Premiu is trading 1.5% down today as a hotter-than-expected May CPI print pressures long-duration assets and triggers a sell-off in AI and semiconductor stocks.

• The tech-heavy Nasdaq is underperforming the S&P 500 as rising-rate fears hit the information technology and broader growth complex.
• Key AI leaders such as Nvidia and Super Micro Computer are extending recent declines, dragging down related income strategies and indices.
• The sell-off is particularly impacting high-growth, long-duration assets as investors recalibrate expectations following the inflation data.