🔴 Tech ETF (EUV) is trading 1.6% down in pre-market as higher-rate expectations pressure growth stocks

EUV is trading at $24.01, down 1.60% from the September 21 close as technology shares ease after a strong AI-led rally.

• Overnight futures are slightly lower; a firmer dollar and higher-rate expectations are limiting appetite for growth stocks.
• The decline appears broad rather than company-specific, with no major U.S. economic release scheduled before the Richmond Fed index later on September 22.
• Recent semiconductor strength and Qualcomm’s surge may encourage short-term profit-taking.