🔴 Photonics ETF (EUVL.DE) is trading 11.04% down on broad semiconductor selloff

EUVL.DE is trading at €6.86 (-11.04%) after its photonics and semiconductor holdings were hit by a broad technology selloff.

• The PHLX Semiconductor Index fell about 5%; major ETF holdings including Lumentum, Ciena, Fabrinet, MACOM, Coherent, and Applied Optoelectronics declined sharply.
• Primary macro triggers were the expired U.S.-Iran ceasefire, higher oil prices, and a 30-year Treasury yield near 5.33%, pressuring richly valued growth stocks.