QQQ is trading at $717.47 (+1.55%) as markets rebound on easing Middle East geopolitical tensions and a rotation back into growth stocks.

  • Technology stocks are leading the market bounce following a weak prior week driven by concerns over AI valuations.
  • Broader Nasdaq strength is supporting the move, with the index rising approximately 1.4% amid reports of progress in U.S.-Iran talks and ceasefire negotiations.
  • The ETF is benefiting from a shift back into growth sectors after Friday’s tech-heavy decline.