SNDQ is trading at $12.20, up 6.97%, as its inverse Nasdaq exposure benefits from weakness in technology stocks.
- Nasdaq 100 futures were lower while Treasury yields remained elevated, pressuring rate-sensitive growth shares.
- Middle East military escalation pushed Brent crude above $100 per barrel, reviving inflation concerns.
- August PPI expectations and firm yields are adding pressure to equities, reinforcing demand for inverse exposure.