🔴 SQQQ is trading 5% down today as the Nasdaq Composite rally pressures the fund

SQQQ is trading 4.70% down at $38.70 after the Nasdaq Composite gained 1.49% on September 17, 2026, as its technology-led rally pressured SQQQ’s inverse Nasdaq-100 exposure.

• Markets are recovering after the Federal Reserve’s anticipated 25-basis-point hike on September 16, while falling oil prices and Treasury yields improved risk appetite.
• Reuters reported that stocks initially whipsawed after the hike, but futures later rebounded.