🔴 Semiconductor ETF (SMH) is trading 1.6% down today as 30-year Treasury yields near 5.28%

SMH is trading at $558.88 (-1.56%) as semiconductor stocks remain under pressure after Tuesday’s technology-led selloff.

• The Philadelphia Semiconductor Index fell 5%.
• 30-year Treasury yields remain near 5.28%, increasing pressure on high-valuation growth stocks.
• Middle East tensions lifted oil above $91 per barrel; investors await Federal Reserve minutes as major chipmakers continue broader sector weakness.