CHAT is trading at $86.60 (-1.59%) as higher long-term Treasury yields weigh particularly heavily on technology and growth stocks.
- U.S. equity markets entered August 24 after a technology-led selloff and rising bond yields.
- Investors are positioning ahead of Jackson Hole and NVIDIA earnings, increasing caution around rates and AI valuations.
- No major U.S. macroeconomic release was scheduled before the open; the Chicago Fed National Activity Index was the main August 24 release.