LQQ.MI is trading 4.5% down today, reflecting amplified weakness in growth and technology stocks following a sharp selloff in semiconductor and AI shares.
- Hawkish Fed commentary has raised rate-hike fears, while escalating U.S.-Iran tensions continue to weigh on risk assets.
- The fund's 2x leverage is magnifying the downward move of the Nasdaq-100 index, which tracks the performance of top non-financial technology companies.