TQQQ is trading at $56.13, up 7.43%, in line with broad market and growth-stock strength rather than a TQQQ-specific catalyst.
- Falling crude prices and hopes for reduced Iran tensions supported Monday’s broader risk rebound.
- Investors continued buying technology shares after Friday’s rebound from the prior session’s steep AI-related selloff.
- Nvidia’s premarket decline was a headwind, but the broader Nasdaq advance outweighed its weakness.