🔴 Tech ETF (FTXL) is trading 2.65% down in pre-market as global yields rise

FTXL is trading 2.65% down in pre-market as rising global yields intensify pressure on technology stocks.

• Nasdaq Composite futures are down 1.26%, while NQ futures are down 1.08%.
• Japan’s 10-year government yield reached 3% on September 1, 2026, raising concerns about global borrowing costs and fiscal stability.
• Higher oil prices linked to Middle East tensions are lifting inflation fears; NVIDIA, AMD, and Micron are each down more than 1% pre-market.