🟢 Tech ETF (AIQ) is trading 1.55% up in pre-market as Treasury yields ease from multiyear highs

AIQ is trading 1.55% up in pre-market as Treasury yields ease from multiyear highs.

• U.S. equity futures point to a firmer open following the August 18 technology-led selloff; information technology was the largest sector drag, with semiconductor shares falling 5%.
• Higher long-term yields pressured growth-stock valuations on August 18.
• The August 19 rebound appears primarily technical and macro-driven ahead of the July FOMC minutes, while geopolitical and inflation risks remain unresolved.