🔴 Circle Internet Group is trading 4% down today as risk-off selling pressures growth stocks

Circle Internet Group is trading 4% down now at $71.58 after broad risk-off selling pressured technology and growth stocks.

• The Nasdaq Composite is down 1.38% and the S&P 500 is down 0.66%; geopolitical tensions lifted oil and pushed the 30-year Treasury yield to its highest level since 2007.
• Bitcoin is up 0.62% and Ethereum 0.37%, so crypto weakness does not explain the decline.
• No fresh company-specific catalyst was identified.