VGT is trading at $119.30, with a -2.51% change, as stalled U.S.-Iran negotiations have pushed oil above $90.
- The 30-year Treasury yield is roughly 5.327%, its highest level since 2007.
- Higher long-term rates pressure high-growth technology valuations, while investors take profits in semiconductor and AI stocks.
- Nvidia fell about 2%, adding to sector-wide weakness.