🔴 Tech ETF (SOXQ) is trading 2% down as oil and Treasury yields rise

SOXQ is trading at $97.78, down 1.91%, as rising oil and Treasury yields weigh on technology stocks.

• Oil rose after President Trump rejected Iran’s proposal, renewing inflation concerns; Brent gained 1.6% to about $106 a barrel.
• The 10-year Treasury yield rose to 5.20%, pressuring rate-sensitive growth stocks ahead of key inflation and jobs data.
• The weakness is consistent with the Nasdaq’s decline; available evidence points to macro risk sentiment, not a confirmed SOXQ-specific holding catalyst.