🔴 SPXE.TO is trading 4.6% down today as investors rotate out of tech and AI names

SPXE.TO is trading 4.6% down as investors continue to rotate out of high-beta technology and innovation exposures.

• The ETF is being pressured by ongoing weakness in semiconductors and AI names alongside broader concerns over higher-for-longer interest rates.
• Geopolitical tensions surrounding the U.S.-Iran conflict and recent hawkish Fed commentary are further dampening risk appetite for growth-focused strategies.
• These factors are amplifying downside moves across space and innovation-themed products linked to the U.S. tech benchmark.