🔴 Photonics ETF (EUVL.DE) is trading 4.51% down today amid bond selloff and chip weakness

EUVL.DE is trading at €6.39, down 4.51%, amid renewed technology-sector selling in photonics and optical-networking stocks.

• The immediate catalyst appears to be broad risk reduction linked to a global bond selloff, higher oil prices and Middle East supply concerns, alongside weakness in semiconductor and AI-related equities.
• Nasdaq futures were down 1.31%, with reports describing rising yields pressuring chip stocks.
• The ETF is highly concentrated in technology, with exposures including Lumentum, Ciena, Fabrinet, MACOM, Coherent and Marvell.