🔴 Nasdaq-100 ETF (LQQ.MI) is trading 4.73% down as hotter CPI revives rate concerns

LQQ.MI is trading at €9.82, down 4.73%, as hotter-than-expected September CPI revived higher-for-longer rate concerns and pressured growth stocks.

• September CPI was 3.7% year over year versus 3.6% expected.
• Technology and AI-linked shares led the U.S. selloff, with the Nasdaq Composite down 1.9% on October 14.
• The chip-led retreat spread across Asia on October 15, reinforcing weak sentiment toward Nasdaq-100 constituents.