L8I7.DE is trading 5.9% up today, reflecting magnified gains from the underlying Nasdaq-100 after a strong tech-led market recovery.
- Cooling U.S. inflation via PCE data has supported risk-on sentiment and lifted growth stocks, directly benefiting leveraged Nasdaq-100 products.
- Robust earnings from mega-cap technology leaders such as Microsoft and Amazon have fueled the rally in the tech-heavy index.
- As a 2x leveraged ETF, the instrument is providing double the daily performance of the underlying Nasdaq-100 during this growth-stock upswing.