WQTM is trading 1.73% down today as higher global borrowing costs pressure technology and growth stocks.

  • Japan’s 10-year yield reached 3%, while Nasdaq 100 futures fell 1.2% before the U.S. open.
  • Hawkish Federal Reserve expectations, elevated oil prices, and geopolitical risk are reinforcing the broader selloff.
  • Weakness is market-wide, with the Nasdaq down 1.30%; strong NVIDIA news offers limited sector support.