QQQ is trading 1.59% up today as geopolitical tensions ease following reports of potential U.S.-Iran peace talks and claims of diplomatic outreach.
- Tech stocks are leading the broader market rally, with the Nasdaq-100 ETF mirroring the NASDAQ Composite's 1.76% gain as investors rotate back into growth names.
- Market sentiment is bolstered by the de-escalation of yesterday's naval blockade, which has softened energy inflation fears and reduced headline risk.
- Constructive futures momentum continues to support the advance in a session characterized by renewed optimism for a diplomatic deal.