🔴 Technology ETF (BULZ) is trading 4.06% down today as Treasury yields pressure growth stocks

BULZ is trading at $45.39, down 4.06%, as rising Treasury yields pressure high-growth technology valuations.

• The 10-year Treasury yield rose to 4.99%; crude oil rebounded approximately 1.3%, reviving inflation concerns and weakening risk appetite.
• The Nasdaq Composite fell 1.20%, creating a negative backdrop for BULZ’s technology holdings; its 3x daily leverage amplifies broad technology-sector declines.
• Flash PMI data and ongoing Fed-rate uncertainty added caution.