CHAT is trading at $93.31, down 1.57%, as higher Treasury yields and surging oil revive inflation worries and weigh on growth stocks.

  • The 10-year yield was near 5.34% as Brent rose above $105.
  • Hawkish Fed minutes said most policymakers saw another rate increase as likely by year-end; optical-communications stocks also faced premarket selling.
  • Broader weakness was consistent with softer U.S. equities and weaker index futures.