The technology sector is trading lower in the pre-market session, in line with a broader market decline. The primary driver appears to be escalating geopolitical tensions between the U.S. and Iran, which is pushing oil prices higher and leading to general risk-off sentiment. Additionally, rising U.S. Treasury yields are creating headwinds for growth stocks, with the 10-year yield hovering around 4.78%, making technology sector valuations less attractive.
Tech Stocks Fall in Pre-Market on Geopolitical Tensions
Technology sector
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