🟢 TECS is trading 5% up today as Nasdaq futures fall 1.20%

TECS is trading at $64.09, up +4.86%, as technology stocks weaken.

• The inverse leveraged ETF is benefiting from broader Nasdaq pressure, with Nasdaq futures down 1.20%.
• Elevated bond yields, higher oil prices, renewed Middle East tensions, and increased rate-hike expectations are weighing on risk appetite; Reuters reported rising Treasury yields were reducing equities’ appeal.
• No company-specific announcement or unusual trading-volume data was identified.