🔴 Tech ETF (CIBR) is trading 1.5% down in pre-market as U.S.-Iran peace hopes fade, yields rise

CIBR is trading at $96.29 (-1.53%) as fading U.S.-Iran peace hopes lift oil and push long-term Treasury yields higher, pressuring growth-stock valuations.

• Nasdaq futures are down 1.17%, signaling broad pressure on technology stocks.
• The 10-year yield reached 4.728%, while the 30-year yield hit 5.3146%, increasing discount rates.
• Broadcom disappointment and recent semiconductor weakness add sector-specific pressure; CIBR’s decline follows two consecutive losing sessions.