🔴 Nuclear Energy ETF (NLR) is trading 3.17% down today as Treasury yields pressure utility valuations

NLR is trading at $108.40, down 3.17%, as surging Treasury yields pressure rate-sensitive utility valuations.

• The 10-year Treasury yield reached roughly 5.05%.
• Brent crude rose above $100, reviving inflation concerns and contributing to broader equity weakness.
• Nuclear-linked equities weakened broadly, while uranium remained near $89.70 per pound; the S&P 500 and Nasdaq also declined, reinforcing a broader risk-off backdrop.