🟢 Tech ETF (EUV) is trading 3.01% up in pre-market ahead of 2:00 p.m. ET FOMC minutes

EUV is trading at $26.39, up +3.01% in pre-market ahead of the 2:00 p.m. ET FOMC minutes.

• EUV appears to be staging a technical rebound after the 7.84% decline on August 18, while U.S. index futures are broadly mixed.
• The minutes could clarify the Fed’s rate outlook and determine whether elevated Treasury yields continue pressuring growth stocks.
• Persistent geopolitical risk, oil above $90, and the 5.33% 30-year Treasury yield remain important upside risks.