🔴 Tech ETF (CHAT) is trading 1.59% down in after-hours trading as payroll growth lifted rate-hike expectations

CHAT is trading at $88.16, down -1.59%, as strong August payroll growth of 162,000 increased September Fed rate-hike expectations and pressured growth valuations.

• Broadcom’s softer forward revenue outlook continues weighing on technology sentiment, despite gains in semiconductor shares.
• The broader market weakened, with the S&P 500 down 0.46% and Nasdaq Composite down 0.65%.
• No clearly identified late-breaking CHAT-specific filing or holding announcement explains the drop; the move most likely reflects rate-sensitive technology repricing and mixed sector sentiment.