policy ·
US imposes fresh sanctions targeting Iran's shadow fleet
New U.S. measures target Iran's shadow fleet.
What happened
The United States imposed fresh sanctions on Iran's shadow fleet, according to Reuters.
What it means for the Nasdaq and TQQQ
The sanctions can add to geopolitical risk and affect appetite for equities. That can influence the Nasdaq-100, and TQQQ, which seeks about 3x the index's daily moves, can amplify those moves.
Originally reported by Reuters. Written up by Quant Paradise from the report's headline; see the original outlet for full details.
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Education, not investment advice.