🔴 Technology ETF (BULZ) is trading 5.6% down in pre-market, as oil and Treasury yields rise

BULZ is trading at $37.21, down 5.61% from September 11's close in pre-market, pressured by higher oil prices and Treasury yields.

• Nasdaq futures are down 1.61%; 10-year Treasury yields are near 5.0%, raising inflation and interest-rate concerns. Markets price roughly an 85% chance of a 25-basis-point Federal Reserve hike this week, weighing on high-growth technology shares.
• No major U.S. economic data is scheduled for September 14; the move appears driven primarily by overnight risk-off sentiment and geopolitical oil-disruption concerns.