Invesco QQQ Trust is trading 1.6% down today as investors brace for the 8:30 AM EST CPI and real earnings reports, which could push yields higher and further pressure long-duration growth stocks.
- Tech-heavy indices are extending yesterday’s reversal, tracking a 1.08% decline in Nasdaq-100 futures (NQ) amid lingering concerns over rich AI and semiconductor valuations.
- Global risk sentiment has turned sharply risk-off, with the Nikkei 225 and FTSE 100 both falling over 1% while commodities and cryptocurrencies also show broad weakness.