QWTM.L is trading at £2795.50, up 3.19%, as investors rotated back into growth and technology stocks after the Federal Reserve’s September 16 rate hike.
- Falling Treasury yields and easing oil prices reduced immediate pressure on long-duration technology valuations, while the Nasdaq gained 1.66%.
- Quantum sentiment also benefited from fresh IBM and IonQ developments, while semiconductor strength, including Nvidia’s 2.54% gain, supported the ETF’s technology exposure.