TQQQ is trading at $79.60, with a -4.81% change as surging oil and Treasury yields pressure growth stocks.
- Brent crude rose about 5% above $105 amid Middle East escalation, reigniting inflation and supply concerns. 10-year Treasury yields hovered near 5.3%, pressuring rate-sensitive growth and technology stocks.
- Hawkish Fed-minute signals added pressure, with most officials expecting another rate hike this year. The Nasdaq was lower, while TQQQ’s leveraged exposure magnifies weakness in its underlying index.