Nasdaq-100 ETF (QQQ) is trading 1.5% higher today as investors rotate back into growth and technology sectors following a recent pullback driven by interest rates and oil prices.
- Market attention is centered on Nvidia’s earnings report after the close, which is viewed as a critical gauge for global AI and semiconductor demand.
- Anticipation of strong AI-driven results is lifting large-cap tech disproportionately, supporting a broader risk-on tone across U.S. indices.