🔴 Trading--Leveraged Equity ETF (TQQQ) is trading 5.3% down today as oil and yields pressure tech valuations

TQQQ is trading 5.3% down as stalled U.S.-Iran negotiations and the expired ceasefire lift oil-supply and inflation risks.

• Brent nears $90 per barrel; 10-year and 30-year Treasury yields reached 4.72% and 5.31%, pressuring high-growth technology valuations.
• Nasdaq-100 futures fell 1.17% before the open, confirming broad weakness rather than a TQQQ-specific catalyst.
• July housing starts fell 12.4% to 1.239 million; stronger permits partly offset momentum concerns. Approximately three-times leverage magnifies the decline.