QQQ is trading at $745.55 (-1.61%) as escalating Middle East attacks and shipping risks sent Brent crude above $105 per barrel, reviving inflation fears.
- Treasury yields are near 24-year highs, while hawkish Fed signals are weighing especially on growth and technology stocks.
- The broader Nasdaq is also lower, consistent with a macro-driven risk-off move rather than a single-company catalyst.