CIBR is trading at $98.51 (-1.64%), declining with the broader technology sector as a global bond selloff lifts borrowing costs and reduces appetite for rate-sensitive growth stocks.
- Japan’s 10-year government yield reached 3%, while Nasdaq futures fell as much as 1.2% amid pressure on chipmakers and software shares.
- Renewed U.S.-Iran fighting pushed Brent crude above $90, increasing inflation and Federal Reserve rate-hike concerns.
- The Nasdaq fell 1.32%, reinforcing a global risk-off move.