L8I7.DE is trading 3.2% up as large-cap U.S. technology shares extend a rebound fueled by strong Microsoft and Amazon earnings and cooler PCE inflation data.

  • The 2x leveraged Nasdaq-100 ETF is benefiting from improved risk sentiment as the Nasdaq Composite and broader indices trend higher.
  • Easing Middle East tensions and lower oil prices are providing additional tailwinds for growth and technology valuations.
  • The move follows a positive reaction to late last week's inflation data, which has helped stabilize the outlook for the tech sector.