SNDQ is trading at $14.91 (+3.00%) as Nasdaq and broader U.S. equities remain under pressure from rising Treasury yields.
- The 10-year Treasury yield briefly reached 5.02%, weighing on rate-sensitive technology stocks.
- Brent crude near $107 is intensifying inflation concerns.
- AI-development slowdown warnings have pressured chipmakers and Nasdaq futures, supporting SNDQβs inverse exposure.