🔴 Nasdaq-100 ETF (L8I7.DE) is trading 4.59% down as hot CPI revived higher-for-longer rate expectations

L8I7.DE is trading at €9.83 (-4.59%) as hotter-than-forecast September CPI revived higher-for-longer rate expectations, pressuring technology stocks.

• The Nasdaq Composite fell 1.88% on October 14.
• Semiconductor and AI-related selling added pressure, with the global technology selloff extending into Asian markets on October 15.
• The fund’s daily 2x Nasdaq-100 leverage magnifies index moves; no volume data was provided.