ProShares UltraPro QQQ is trading 4.8% up today as technology and growth stocks stage a recovery following a sharp selloff triggered by the Federal Reserve's hawkish policy signals.
- Nasdaq-100 futures rose approximately 1.4% in pre-market trading, encouraging investors to buy the dip in high-growth technology shares.
- The rebound follows the Fed’s June 17 decision to maintain interest rates while signaling a more aggressive stance for the remainder of 2026.
- As a triple-leveraged instrument, the fund is seeing outsized gains driven by a broadly positive tone across U.S. equity futures.