FTXL is trading at $243.76, down 1.68% from the September 21 close of $247.92, amid firmer Treasury yields and higher-rate expectations pressuring growth-oriented technology shares.
- The move appears to be a modest pullback after a sharp technology-led rally; Nasdaq futures are down 0.01% and broader U.S. equity futures are slightly lower.
- Overnight sentiment is mixed: Qualcomm’s post-market surge and constructive U.S.-China AI discussions support semiconductor optimism, while a stronger dollar adds pressure.