TQQQ is trading 3.6% higher in pre-market as Nasdaq-100 futures rebound following reports of a U.S.–Iran ceasefire and continued AI spending optimism.
- Improved geopolitical sentiment is lifting the broader tech complex, helping the leveraged ETF recover from last week's tech-led pullback.
- Ongoing enthusiasm surrounding large-cap technology spending and artificial intelligence continues to provide a tailwind for the Nasdaq-100.
- Nasdaq-100 futures are currently up approximately 1%, reversing a portion of Friday's losses.