TQQQ is trading at $82.55 (+4.85%) as a much weaker-than-expected September jobs report—29,000 jobs added—cooled expectations for an October Fed rate hike and supported rate-sensitive growth stocks.
- Micron’s strong results and upbeat outlook renewed optimism about AI-driven chip demand, helping lift Nasdaq-linked shares.
- The Nasdaq-100 was up 1.59% during the regular session; together, the broad tech rally and easier-rate sentiment fit TQQQ’s leveraged gain.