TQQQ is trading 4.6% up today as growth and tech stocks recover from a sharp risk-off selloff tied to escalating U.S.–Iran tensions.

  • The move reflects a volatility-driven snapback in high-beta Nasdaq-100 names following yesterday’s geopolitically driven decline.
  • Major indices are trading modestly higher as markets stabilize in the absence of new Federal Reserve or economic shocks.
  • As a 3x leveraged ETF, TQQQ is amplifying the recovery in the Nasdaq-100 as risk appetite returns to the technology sector.