JEDI.DE is trading at €66.94 (-3.01%) amid a broad risk-off shift in growth assets, pressured by a sharp sell-off in semiconductor stocks and concerns over high AI infrastructure costs.
- The decline mirrors a wider tech retreat, with the Nasdaq Composite falling 1.15% as rising competition weighs on space-related innovation names.
- Broader market sentiment is dampened by heavy losses in Asia and investor caution ahead of the upcoming Federal Reserve meeting.
- While lower oil prices are supporting cyclical stocks, they provide little relief for growth-sensitive themes like those held within this ETF.