🔴 Technology Bull ETF (TECL) is trading 4.6% down in pre-market as global yields pressure growth stocks

TECL is trading at $194.00, down -4.64%, as rising global bond yields pressure information technology and high-valuation growth stocks.

• Nasdaq futures are falling more sharply than broader markets; Japan’s 10-year yield reached 3%, and the U.S. 30-year yield approached 5.28%.
• Oil near $91 after renewed U.S.-Iran tensions; Nvidia, AMD, and Micron are each down more than 1% pre-market.
• Investors await September 1, 2026, ISM Manufacturing PMI and JOLTS data; stronger readings could reinforce hawkish rate expectations.