🔴 Tech ETF (WGMI) is trading 1.53% down in pre-market as Trump’s Iran rejection lifts oil concerns

WGMI is trading at $47.48, -1.53% in pre-market as President Trump’s rejection of Iran’s Strait of Hormuz proposal renewed geopolitical risk and lifted oil-price concerns.

• Technology weakness and lower futures are adding pressure; Bitcoin is also down, a headwind for crypto-linked holdings.
• No major U.S. economic release is scheduled before the open. The Dallas Fed index is due at 4:30 PM ET.