QWTM.L is trading 4.4% down as August 18’s technology-led market retreat intensified.

  • The Nasdaq Composite declined 1.33%, while semiconductor stocks dropped sharply as the 30-year Treasury yield reached 5.337%, its highest level since 2007, pressuring speculative, long-duration growth assets.
  • IonQ fell about 6%, D-Wave Quantum 6.4%, and Rigetti Computing 5%, reinforcing sector-wide pressure rather than fund-specific news.
  • Geopolitical uncertainty and higher oil prices added to inflation and risk-aversion concerns.