QQQ is trading 1.6% higher today as a sharp pullback in oil prices and a pause in U.S.-Iran hostilities ease inflation and Federal Reserve tightening concerns.
- Nasdaq-100 futures are leading a broad risk-on move as lower energy costs provide relief to the tech sector.
- Investors are rotating back into mega-cap tech stocks ahead of a key Fed decision and major earnings reports, lifting the tech-heavy index.