🔴 Tech ETF (SPTE) is trading 1.5% down as rising oil and yields pressure tech shares

SPTE is trading at $49.42, down -1.54%, as rising oil and higher Treasury yields weigh on risk appetite and rate-sensitive technology shares.

• Markets are bracing for inflation data and jobs figures this week.
• The Nasdaq Composite is down 1.19% in the supplied market context.
• OpenAI’s training pause is a technology headline, but there’s no evidence it drove the sector-wide move; macro pressure is the strongest signal.