🔴 Large Growth ETF (PWB) is trading 1.59% down in pre-market on September 24, 2026 after Treasury yields surged on strong PMI data

PWB is trading at $159.28, down 1.59% in pre-market as higher Treasury yields pressure growth and technology stocks after stronger U.S. composite PMI data.

• The September 23, 2026 U.S. composite PMI accelerated to 58.4, its strongest reading since July 2021.
• The 10-year yield reached approximately 5.11%, its highest since 2007; Nasdaq futures fell more sharply than broader equity futures. PWB’s 49.0% information-technology weighting makes it especially sensitive to rising discount rates.