USD ETF (USD) is trading 3% down today as heavy exposure to information technology and growth shares weighs on the leveraged fund.
- The Nasdaq Composite is currently underperforming major indices, reflecting broader risk-off sentiment fueled by bond-yield concerns and AI-chip sector volatility.
- Geopolitical tensions between the U.S. and Iran are contributing to a modest equity pullback, further pressuring risk assets and amplifying losses in leveraged instruments.