🔴 Nasdaq-100 2x ETF (L8I7.DE) is trading 4.3% down on August 19, 2026 as yields pressured tech

L8I7.DE is trading at €9.55 (-4.30%), as 30-year Treasury yields near 5.33% increased pressure on high-duration Nasdaq valuations.

• The expired U.S.-Iran ceasefire lifted oil and inflation concerns, weighing on risk assets.
• Semiconductor and AI stocks sold off amid stretched valuation concerns, intensifying Nasdaq weakness.
• L8I7.DE’s daily 2x structure magnified the underlying Nasdaq-100 decline, producing a sharper ETF drop.