🔴 Tech ETF (AIQ) is trading 1.7% down today as oil moves toward $90

AIQ is trading at $62.89 (-1.73%) as fading U.S.–Iran peace prospects push oil toward $90 and Treasury yields to multi-year highs, reducing appetite for high-valuation growth stocks.

• Nasdaq futures were down 1.17% before the open; the Nasdaq Composite is now down 1.33%.
• Housing data is mixed, while weaker starts reinforce growth concerns.