🔴 Software ETF (IGV) is trading 1.59% down as higher Treasury yields weigh on growth stocks

IGV is trading at $109.39, down 1.59%, as higher Treasury yields and renewed oil and geopolitical concerns weigh on risk appetite.

• Investors are cautious ahead of the 2:00 p.m. Fed minutes, which could influence rate expectations; rising borrowing costs tend to pressure growth-oriented technology stocks.
• Weakness in technology and semiconductor shares added pressure as the market awaits further policy clues. No specific software-company catalyst is established in available reporting.