🔴 Large Blend ETF (SPMO) is trading 1.79% down today as oil prices and Treasury yields rise

SPMO is trading at $152.38 (-1.79%) as rising oil prices near $90 and multi-year Treasury yields revive inflation and interest-rate concerns, pressuring growth-oriented technology stocks.

• Heavyweight technology shares, including NVIDIA, declined in premarket trading as higher yields weighed on valuations.
• The broader market is also risk-off, with the S&P 500 down 0.46% and Nasdaq Composite down 0.88%. Geopolitical escalation around the Strait of Hormuz is amplifying the selloff.