🔴 FANG & Innovation ETF (BULZ) is trading 3.2% down in pre-market as higher long-term Treasury yields pressure growth stocks

BULZ is trading at $35.53 (-3.16%) amid broad technology weakness and higher long-term Treasury yields pressuring rate-sensitive growth stocks.

• Nasdaq-100 contracts are down roughly 0.5%–0.6% in pre-market trading; Asian technology shares also weakened amid renewed geopolitical uncertainty.
• Alibaba’s $10.2 billion share placement pressured technology and AI; semiconductor weakness weighed on leveraged exposure, with Micron down a reported 3.22% pre-market.
• Decline appears sector-wide rather than unique to BULZ as investors position ahead of Nvidia results and upcoming macro developments.