SMH.L is trading 3.01% down as rising global bond yields pressure the broader technology and semiconductor complex.

  • Japan’s 10-year yield reached 3% on September 1, 2026, raising concerns about fiscal stability and tighter global financial conditions; U.S. Nasdaq futures were also lower.
  • Renewed U.S.-Iran fighting pushed Brent crude above $91, reviving inflation and interest-rate concerns.
  • NVIDIA, AMD, and Micron were each down more than 1% premarket.