Invesco QQQ Trust is trading 2.1% up today after a tentative U.S.–Iran peace agreement and the planned reopening of the Strait of Hormuz sharply reduced geopolitical and oil-supply risks.
- Lower crude prices are easing inflation and rate-hike fears ahead of Kevin Warsh’s first Fed meeting, boosting growth-sensitive megacap tech.
- Broad global risk-on sentiment is driving the Nasdaq-100 higher as markets react to a significant reduction in energy-driven economic headwinds.