🔴 Nasdaq-100 ETF (LQQ.PA) is trading 3.1% down after technology megacaps sold off

LQQ.PA is trading at €9.67 (-3.06%) as technology megacaps sold off, pressuring leveraged Nasdaq exposure.

• The decline primarily reflects Nasdaq-100 weakness after the August 17 U.S. session: the Nasdaq Composite fell 0.32%, while Microsoft dropped 3.04% and Meta fell 3.54%.
• Rising oil prices and unresolved U.S.-Iran tensions weakened broader risk sentiment; the Nasdaq-100 was down roughly 0.17% in the latest available market data, and LQQ.PA’s approximately two-times leverage amplified that index move.