🔴 SQQQ is trading 5.6% down today as technology shares rally

SQQQ is trading at $39.91, down 5.57%, as technology shares rallied and weighed on the inverse fund.

• The fund targets -3x the Nasdaq-100’s daily performance; the Nasdaq Composite rose 2.55%.
• Election uncertainty eased after Democrats won both chambers, while strong AMD growth expectations supported technology sentiment.
• No SQQQ-specific announcement surfaced in the search; the move appears tied to broad market strength.