🔴 TD Global Technology Leaders Index ETF is trading 3.1% down today on higher-for-longer rate fears and semiconductor weakness

TD Global Technology Leaders Index ETF is trading 3.1% lower at $60.48 as a risk-off rotation hits growth and AI-related stocks following stronger-than-expected U.S. jobs data.

• The robust labor market report has reinforced expectations for a higher-for-longer Federal Reserve policy, pushing yields higher and pressuring high-valuation technology names.
• Sector-specific downside is being driven by recent weakness in semiconductors following Broadcom's results, impacting the fund's heavy concentration in mega-cap tech and chipmakers.