🔴 Tech ETF (QTUM) is trading 1.5% down in pre-market as elevated Treasury yields pressure tech valuations

QTUM is trading at $148.16, down -1.54% in pre-market as elevated long-term Treasury yields pressure high-growth technology valuations and borrowing-sensitive companies.

• Nasdaq futures are down 0.50%, indicating technology-led weakness before the August 24, 2026 open.
• Semiconductor and memory stocks remain under pressure, while investors await NVIDIA earnings later this week.
• No major U.S. economic releases are scheduled for August 24, 2026; markets are focused on Jackson Hole follow-through, rates, and geopolitical risks.