🔴 Tech ETF (XSD) is trading 3.1% down today amid chip selling and higher Treasury yields

XSD is trading 3.1% down today as semiconductor selling and higher Treasury yields pressure technology stocks.

• The semiconductor-led technology selloff has continued from August 18, 2026; Nvidia and other chipmakers remain under pressure.
• 30-year Treasury yields reached approximately 5.3%, reducing the appeal of high-valuation growth and AI stocks.
• Investors are cautious ahead of the Federal Reserve’s August 19, 2026 FOMC minutes; Middle East tensions and higher oil prices reinforce inflation and interest-rate concerns.