🔴 Tech ETF (SOXQ) is trading 3.56% down today as rising Treasury yields pressure semiconductor valuations

SOXQ is trading at $95.83, down 3.56%, as renewed U.S.-Iran tensions push crude oil higher and revive inflation concerns.

• Treasury yields have climbed sharply, increasing the discount rate applied to growth-stock cash flows and pressuring semiconductor valuations.
• The Nasdaq Composite is down 0.88%, confirming a broad risk-off move rather than an isolated ETF issue.
• Reuters reports technology stocks are particularly vulnerable to higher yields.