MTUM is trading at $312.03, down 1.55% from the September 23 close of $316.95, amid broad risk-off conditions.
- Nasdaq futures are down 1.15%, while S&P 500 futures are down 0.64%.
- Technology is particularly sensitive to rising discount rates after September composite PMI accelerated to 58.4. The 10-year Treasury yield reached 5.106%, its highest level since 2007.