🔴 Spear Alpha ETF is trading 10.1% down today on Broadcom-led tech and AI selloff

Spear Alpha ETF is trading 10.1% down today as investors dump high-growth tech and AI names after a stronger-than-expected U.S. jobs report.

• The robust jobs data reinforced expectations for higher-for-longer interest rates, which is pressuring long-duration growth valuations.
• A sharp post-earnings decline in Broadcom is intensifying selling across semiconductors and AI-linked technology, dragging the broader Nasdaq and concentrated tech ETFs lower.