JEDI.DE is trading around €70.77 (-5.3%), extending a multi-day pullback as hawkish central bank signals and macroeconomic headwinds trigger a broader selloff in growth and technology sectors.
- The decline follows hawkish rhetoric from global policymakers, including Fed Governor Cook’s expressed readiness to raise rates and a surprise rate hike by the Bank of Korea.
- Rising geopolitical tensions in the Middle East and elevated oil prices are further pressuring high-beta, space-innovation, and AI-adjacent stocks, amplifying the downside for this specialized ETF.