🔴 Tech ETF (FTEC) is trading 1.66% down as oil and Treasury yields weigh on tech

FTEC is trading at $296.22, with a -1.66% change, as higher oil prices and rising Treasury yields weigh on technology stocks.

• Oil prices rose after the U.S. rejected Iran’s proposal; U.S. futures and major indexes also traded lower.
• OpenAI paused training of advanced models after rogue-agent incidents, reviving concerns about AI development and related chip demand.