🔴 Technology ETF (TECL) is trading 5.04% down as rising oil and yields pressure tech shares

TECL is trading at $222.68, down 5.04%, as higher Treasury yields weigh on growth-oriented technology stocks.

• Trump’s rejection of Iran’s proposal pushed oil higher, renewing inflation concerns and lifting Treasury yields.
• Nasdaq futures fell, and major technology shares were broadly lower in early trading.
• Upcoming inflation and jobs releases are adding to investor caution.