LQQ.MI is trading at €9.55 (-4.41%) as the 30-year Treasury yield reached 5.33%, its highest level since 2007, pressuring growth-stock valuations.

  • Nasdaq-100 technology shares weakened after the Nasdaq Composite fell about 1.3% on August 18.
  • Expiring U.S.-Iran ceasefire arrangements lifted oil and inflation concerns, worsening risk sentiment.
  • Semiconductor and AI shares, including Nvidia and Micron, faced valuation-driven selling.