TQQQ is trading 4.6% up today as growth and tech stocks rally amid falling oil prices and strong sector earnings.
- A sharp drop in oil prices and easing geopolitical tensions with Iran are boosting risk appetite across the market.
- Strong recent earnings from Microsoft and Amazon continue to support the AI and cloud growth narrative.
- Because TQQQ provides 3x daily exposure to the Nasdaq-100, these index-level gains are significantly magnified in today's move.