🔴 CoreWeave is trading 4.73% down today as higher yields and oil pressure tech shares

CoreWeave is trading at $84.27, down -4.73%, as higher Treasury yields and surging oil weigh on U.S. equity futures and growth-oriented technology shares.

• Reuters reported October 8 that Brent crude jumped 4.8% to above $105 a barrel; the 10-year Treasury yield stood at 5.34%.
• The Nasdaq was down 0.60% in the supplied market context, consistent with pressure on growth-oriented technology shares.
• No clear new company-specific catalyst for October 8 was verified; reports about financing plans refer to an earlier announcement.