🔴 Nokia is trading 10.06% down in pre-market as higher oil prices pressure risk assets

Nokia is trading 10.06% down at $10.01 after higher oil prices, elevated Treasury yields, Middle East shipping risks, and renewed Federal Reserve rate concerns pressured risk assets.

• The Nasdaq Composite is down 1.83%, while the S&P 500 is down 0.78%.
• Nokia’s decline reflects broader technology and macro-market weakness rather than a confirmed company-specific announcement.