FTXL is trading at $228.34, down 2.89%, as information technology stocks underperform a broadly weaker market. - August producer inflation remains elevated, while firm Treasury yields pressure rate-sensitive growth and technology valuations; the S&P 500 is down 0.54% and Nasdaq Composite 0.85%. - Escalating U.S.-Iran tensions pushed Brent crude above $100, intensifying inflation concerns and reducing expectations for easier monetary policy. - Investors await Oracle and Adobe earnings.