🟢 Inverse Equity ETF (SNDQ) is trading 6.5% up in pre-market as Nasdaq-100 futures slide

SNDQ is trading at $10.93, up 6.5%, as renewed geopolitical risk weighs on risk assets and supports its inverse exposure. - This compares with the September 25 close of $10.26. - President Trump’s rejection of Iran’s Strait of Hormuz proposal renewed geopolitical risk, lifting oil prices and Treasury yields. Nasdaq-100 futures fell 0.7% as technology shares faced pressure; the move appears tied to broader macro and index weakness. - No major U.S. economic release is scheduled before the market open.