🔴 Tech ETF (CIBR) is trading 2.7% down today as elevated Treasury yields pressure growth shares

CIBR is trading at $94.81 (-2.70%) as elevated Treasury yields pressure technology stocks.

• Technology stocks are extending their August 18 selloff; the 30-year Treasury yield is near multiyear highs, reducing long-duration growth shares’ appeal.
• Middle East tensions and higher oil prices reinforce inflation and interest-rate concerns; investors are cautious ahead of the Federal Reserve’s August 19, 2026 minutes.
• The Nasdaq falls while the Dow and S&P 500 rise, indicating tech-specific rotation.