🔴 Tech ETF (CHAT) is trading 3.18% down in pre-market as oil and Treasury yields rise

CHAT is trading at $85.17 (-3.18%) as higher oil prices and Treasury yields raise concerns about tighter Federal Reserve policy.

• August PPI exceeded expectations; Brent crude above $100 and multi-year-high Treasury yields weighed particularly on technology valuations.
• Oracle’s earnings beat offered support, but broader rate and geopolitical risks dominated the sector move.
• CHAT fell 3.00% on September 10; Nasdaq futures are higher, while upcoming CPI uncertainty keeps investors cautious.