QQQO.L is trading at £222.10 (-3.98%) as renewed U.S.-Iran tensions push oil higher and lift Treasury yields, weighing on rate-sensitive growth stocks.
- Nasdaq futures are also lower; Brent crude reached approximately $91.51, while the 10-year Treasury yield rose toward 4.78%.
- Markets now price roughly a 60% probability of a possible September Federal Reserve rate hike after Chair Kevin Warsh’s hawkish Jackson Hole message.