🔴 Tech ETF (CHAT) is trading 4.3% down today on stalled U.S.-Iran diplomacy

CHAT is trading at $90.34, down 4.30%, as technology shares sell off alongside the broader market amid worsening geopolitical risk.

• The Nasdaq Composite is down 1.25%, while elevated crude prices and multi-year-high Treasury yields pressure high-growth valuations.
• Heavyweight semiconductor stocks, including NVIDIA, AMD, Marvell, and Intel, are also lower.
• Stalled U.S.-Iran diplomacy and sharply reduced Strait of Hormuz traffic are raising inflation and interest-rate concerns. NVIDIA’s Ohio AI-campus announcement is a longer-term positive but is not offsetting today’s risk-off sector pressure.