SPXE.TO is trading 3.9% down today as investors rotate out of high-beta technology and AI-linked themes amid a broader risk-off tone.
- The ETF is being pressured by ongoing weakness in large-cap tech following sharp post-earnings declines in major names like Tesla and Alphabet.
- Higher oil prices, tariff uncertainty, and expectations for higher-for-longer interest rates are reinforcing cautious sentiment toward growth and speculative space-related assets.