🔴 Tech ETF (EUV) is trading 3.11% down today as elevated Treasury yields pressure growth stocks

EUV is trading at $24.69 (-3.11%) on August 19, 2026, as elevated long-term Treasury yields pressure growth stocks.

• It reverses a pre-market rebound after Tuesday’s technology-led selloff.
• Middle East tensions and higher oil prices add pressure; investors await the 2:00 p.m. ET FOMC minutes, which could reset interest-rate expectations.
• The move appears sector-driven: semiconductors and AI shares fell sharply on August 18; NVIDIA dropped 2.3%, and the information-technology sector was among the market’s weakest groups.