🔴 Technology ETF (DRMP) is trading 3.75% down as Trump’s Iran rejection lifts oil and yields

DRMP is trading at $21.71, down 3.75%, as President Trump’s rejection of Iran’s proposal pushed oil higher and lifted Treasury yields, pressuring rate-sensitive technology shares.

• Memory-chip stocks faced broader tech weakness and profit-taking, while AI-training concerns and Micron’s upcoming earnings added caution.
• Broader U.S. indexes were lower, consistent with a wider risk-off move.