🔴 Tech ETF (CHAT) is trading 1.62% down in after-hours trading amid August 18, 2026 IT selloff

CHAT is trading 1.62% down in after-hours trading after August 18, 2026 information-technology selloff.

• Rising long-term Treasury yields, fading U.S.-Iran peace prospects, higher oil and renewed AI/semiconductor selling pressured growth-oriented technology valuations.
• The 30-year Treasury yield reached approximately 5.33%; semiconductors fell more than 5%, and information technology was the S&P 500’s biggest sector loser.
• Nasdaq and S&P 500 declines supported global risk-off conditions; no confirmed late-breaking earnings result from a dominant CHAT holding was identified as the primary driver.