🔴 Tech ETF (ARKK) is trading 3.1% down today as Iran tensions push oil near $90

ARKK is trading at $79.22 (-3.10%) as escalating U.S.-Iran tensions push oil near $90 and long-term Treasury yields to multi-year highs.

• Higher yields reduce the present value of ARKK’s long-duration innovation and growth companies; inflation concerns weaken tech risk appetite.
• Reuters reported Nasdaq 100 futures down 1.17%, with heavyweight technology shares under pressure on August 18, 2026.
• The move appears primarily macro-driven; Tesla, ARKK’s largest holding, was lower as the 10-year Treasury yield reached approximately 4.72%.