🔴 ProShares UltraPro QQQ is trading 3.27% down today as geopolitical tensions and pre-CPI positioning spark a broad tech selloff

ProShares UltraPro QQQ is trading at $71.31 (-3.27%) as leveraged exposure to the Nasdaq-100 amplifies a broad technology selloff during the market open.

• Rising U.S.-Iran tensions and cautious positioning ahead of the upcoming CPI report are driving a rotation out of growth-oriented risk.
• Significant weakness in NVDA and other megacap technology leaders is placing heavy pressure on the fund's largest underlying exposures.