QQQM is trading at $294.75, up +1.57%, as semiconductor stocks lead the technology rebound.
- NVIDIA, Intel, AMD, and Marvell are advancing.
- Risk appetite improved after the Federal Reserve’s September 16 rate hike removed near-term policy uncertainty, while falling oil prices and Treasury yields supported growth stocks.
- Broad gains in the Nasdaq Composite reinforce QQQM’s move as both sector strength and wider market recovery.