🔴 Trading--Inverse Equity ETF (SNDQ) is trading 3.11% down in pre-market as Nasdaq futures remain slightly positive

SNDQ is trading at $16.50 (-3.11%) as slightly positive Nasdaq futures reverse some of the inverse ETF’s recent gains.

• Technology-sector sentiment is supported by strong Salesforce guidance, despite NVIDIA’s post-earnings decline.
• Hawkish Jackson Hole commentary increased September rate-hike expectations; renewed U.S.-Iran tensions lifted oil and pressured global risk appetite.
• S&P 500 and Nasdaq 100 futures were recently reported lower overnight, adding volatility without a clear directional catalyst.