PWB is trading at $154.31 (-4.95%) as information technology comes under pressure following a decline in NASDAQ futures and a broader risk-off market opening.
- The move is tied to overnight global caution stemming from trade-war and tariff concerns, alongside weaker sentiment across growth assets.
- With no major U.S. economic releases scheduled for July 13, the pre-market drop is being driven by macro risk sentiment rather than specific earnings events.
- NASDAQ futures have fallen 0.97%, signaling continued pressure on the tech-heavy index.