QQQO.L is trading at £221.70 (-4.15%) as renewed US-Iran hostilities lift crude prices and Treasury yields, intensifying inflation concerns and pressuring growth stocks.
- The Nasdaq Composite fell about 1.03% on September 1; the 10-year Treasury yield was near 4.79%, reducing the appeal of rate-sensitive technology stocks.
- A global bond selloff, Japan’s sharply higher government-bond yield and geopolitical risk worsened sentiment toward long-duration technology exposure.
- With markets closed at the stated time and no volume data provided, the move appears macro-driven and reflects risk-off repricing rather than an isolated fund event.