Tech bearing the brunt of the rise in yields today
This is hurting broader sentiment in general as well but not by a whole lot as the rise in yields is sticking around 1.60% for the time being (for 10-year Treasuries).
Nasdaq futures are down 2% with S&P 500 futures down 0.7%, but Dow futures are holding steadier with a slight decline of just 0.1% - for now at least.
European indices are keeping lower closer to the lows but have not really sold off all too heavily, considering the stronger gains posted earlier in the week.
Elsewhere, the more risk-off mood continues to bolster the dollar as EUR/USD falls to 1.1910 and is testing its 100-hour moving average as highlighted earlier here.