AIQ is trading at $63.26 (-1.62%) as Japan’s 10-year government bond yield reached 3%, intensifying a global bond-market selloff and pressuring technology stocks.
- Rising U.S. yields, expectations for further Federal Reserve tightening, and higher oil prices linked to Middle East tensions weigh on rate-sensitive tech stocks.
- The decline appears sector-wide; the Nasdaq Composite is down 1.05%.
- JOLTS and manufacturing data may influence rate expectations; NVIDIA strength and scheduled Dell and Palo Alto Networks reports offer offsets.