L8I7.DE is trading at €9.96, down 3.30%, after hotter-than-expected September CPI of 3.7% year over year revived expectations for higher-for-longer rates, weighing on rate-sensitive growth stocks.
- On October 15, technology shares remained weak amid concerns about AI financing and borrowing costs, even as the Nasdaq Composite recovered to finish up 0.1%.
- As a daily 2× leveraged Nasdaq-100 ETF, L8I7.DE is particularly exposed to sharp index swings; the price alert is consistent with that tech-sector pressure.