TQQQ is trading at $75.78, down 4.80%, as President Trump’s rejection of Iran’s proposal pushed oil higher, renewing inflation concerns and pressure on equities.
- The 10-year Treasury yield climbed above 5.23%, intensifying worries about higher-for-longer rates that weigh on growth-oriented Nasdaq stocks.
- Nasdaq-100 futures were down 0.86% in early trading, consistent with broader tech weakness; the leveraged fund magnifies index moves.