🟢 ProShares UltraPro QQQ is trading 3.9% up today as Nasdaq futures rebound and growth assets recover

ProShares UltraPro QQQ is trading 3.9% up today as it rebounds in pre-market action alongside a broad recovery in growth and tech-sensitive assets following a sharp CPI-driven selloff.

• Nasdaq-100 futures are up over 1% and crypto markets are firmer, suggesting improving risk appetite despite ongoing Fed uncertainty.
• The ETF is amplifying the current futures-led bounce as a 3x leveraged instrument tracking the Nasdaq-100.
• Gains come despite underlying pressures from elevated inflation and escalating U.S.–Iran geopolitical tensions.