🔴 Tech ETF (QTUM) is trading 2% down on August 18, 2026 amid oil and Treasury-yield pressure

QTUM is trading at $155.00, down 2.04%, with the decline primarily driven by broad risk-off and rates pressure.

• S&P 500 is down 0.45% and Nasdaq Composite down 0.92%; oil is near $90–$91, Treasury yields are at multi-year highs, and U.S.-Iran negotiations have stalled.
• NVIDIA’s Ohio AI-campus announcement supports AI-infrastructure sentiment; Information Technology gained 0.6% as the only advancing S&P 500 sector.
• Semiconductors strengthened, while software and megacap growth shares weakened; early-session volatility may also contribute.