MTUM is trading at $304.59, down -1.52%, as firm Treasury yields, elevated oil prices, and Middle East escalation raise inflation and risk-premium concerns.
- The decline is broad rather than company-specific, as investors reassess interest-rate sensitivity ahead of Oracle and Adobe earnings after the close.
- August PPI was a key September 10 catalyst, while Nasdaq futures were lower before the open; energy-price shocks continue weighing on growth-stock valuations.