QQQ is trading 1.5% up today as large-cap technology and communication services stocks lead U.S. equities higher, with the Nasdaq Composite outperforming other major indices.
- The move reflects continued momentum in the AI and mega-cap tech trade amid a broader risk-on tone in the market.
- Improved geopolitical conditions and anticipation around upcoming economic data are helping growth-heavy indices extend a rebound from recent volatility.