WGMI is trading 6.12% down as higher Treasury yields and crude oil near or above $90 pressure risk assets, including long-duration growth and digital-asset-related equities.
- Nasdaq Composite is down 1.41%; S&P 500 Information Technology is down 1.5%.
- Renewed U.S.-Iran tensions heighten inflation and risk-aversion concerns; profit-taking in AI and semiconductor stocks adds pressure.
- NVIDIA’s Ohio AI-campus announcement is supportive but has not offset the broader selloff.