🔴 Growth ETF (SPYG) is trading 1.5% down as oil surges and yields pressure tech shares

SPYG is trading at $124.39, down 1.50%, as rising oil and Treasury yields weighed on technology shares.

• Oil jumped about 5% amid escalating Middle East tensions, reviving inflation concerns and weighing on risk appetite.
• The 10-year Treasury yield approached 5.35%, adding pressure on growth-oriented technology stocks.
• Chipmakers weakened: Nvidia fell 0.7% and Broadcom sank 2%. The Nasdaq was down about 1.5% in the supplied market context.