🔴 Large Growth ETF (PWB) is trading 3.3% down today as AI leaders urge slower development

PWB is trading at $152.61 (-3.32%) as OpenAI and Anthropic leaders urged slower advanced-AI development, intensifying sector-wide risk concerns.

• NVIDIA, Intel, and other AI-linked semiconductor stocks led technology weakness.
• Rising oil near $108 and near-90% Fed hike expectations added pressure to rate-sensitive growth valuations, while broader declines in the Nasdaq and S&P 500 confirmed a market-wide risk-off session.