🔴 PSI is trading 6% down today driven by semiconductor weakness and broad risk-off sentiment

PSI is trading 6% down at $150.24 following a sharp opening selloff amid broader semiconductor and growth sector weakness.

• The downward move aligns with a weaker tone across the Nasdaq, which is amplifying pressure on AI-linked funds.
• No company-specific catalysts have been identified; the price action appears driven by sector-wide volatility rather than internal news.