🟢 Inverse Equity ETF (SNDQ) is trading 3.3% up in pre-market as Nasdaq futures fall

SNDQ is trading at $11.78, up 3.33% from the September 9 close, benefiting from its inverse-equity exposure as Nasdaq futures fell and broader risk sentiment weakened.

• Rising Treasury yields and expectations for firmer August PPI are pressuring rate-sensitive technology shares.
• Geopolitical escalation involving the United States and Iran pushed Brent crude above $100 per barrel, intensifying inflation and growth concerns.
• Weaker Asian markets and lower Nasdaq futures added to equity caution, providing a clear catalyst for SNDQ’s pre-market gain.