🔴 Large Growth ETF (QQQM) is trading 1.51% down today as oil prices revive inflation concerns

QQQM is trading at $290.74 (-1.51%) as higher Treasury yields pressure richly valued growth stocks in a broad technology-led selloff.

• The Nasdaq is down 1.16%, while rising oil prices tied to renewed U.S.–Iran tensions are reviving inflation concerns.
• Japan’s 10-year yield reached 3%, its highest since 1996, adding to global risk aversion.
• Softer JOLTS and manufacturing data offer limited relief as markets focus on inflation and potential monetary tightening.