QQQM is trading 1.5% up today as large-cap tech stocks and the Nasdaq Composite rebound on improved geopolitical sentiment and a rotation back into growth names.
- Market sentiment has improved significantly following a U.S.–Iran ceasefire, supporting broad gains across growth and technology sectors.
- Investors are rotating back into the technology sector, which comprises nearly 60% of the fund, following last week’s AI valuation-driven pullback.
- The Nasdaq Composite is up approximately 1.4%, driven by a generally optimistic equity outlook and strong performance from large-cap tech leaders.