FTEC is trading down 3% in pre-market as rising Middle East tensions and China's helium export halt drive a broad risk-off move in the technology sector.
- Macroeconomic pressures including higher oil prices and a stronger USD are weighing on growth stocks and Nasdaq futures.
- Investors are positioning cautiously ahead of key semiconductor earnings reports.
- China's halt on helium exports adds significant uncertainty to AI and chip supply chains.