ProShares UltraPro QQQ is trading 4% higher as its underlying benchmark, the Nasdaq-100, and the broader tech complex rebound from last week’s macro-driven selloff.
- Major U.S. indices are trading higher in early action as geopolitical tensions ease and investors refocus on technology and AI leaders.
- As a 3x leveraged play, the fund is amplifying the current risk-on move into growth and semiconductor names.
- The upward momentum follows a period of volatility, signaling a return to tech-heavy benchmarks as market sentiment stabilizes.