🔴 Tech ETF (WQTM) is trading 1.52% down today as August PPI stokes rate concerns

WQTM is trading at $31.51, down -1.52%, as August PPI rose 5.4% year over year, exceeding expectations and reinforcing concerns about restrictive Federal Reserve policy.

• Treasury yields remain elevated, while Brent crude trades above $100, increasing pressure on high-valuation technology shares.
• The S&P 500, NASDAQ Composite, and Dow Jones are all lower; Oracle and Adobe earnings scheduled after the September 10, 2026 close add near-term technology-sector uncertainty.