QQQ is trading 1.55% higher in pre-market as the tech-heavy index recovers from a broad selloff triggered by the Federal Reserve and a global rout in semiconductor stocks.
- The recovery is led by strong gains in U.S. semiconductor equipment and memory names, reversing pressure caused by Meta’s AI capital expenditure concerns.
- Nasdaq-100 futures remain firm despite ongoing geopolitical tensions and volatility in the oil markets.