🔴 Trading--Leveraged Equity ETF (TQQQ) is trading 4.52% down in pre-market as higher inflation lifts rate-hike expectations

TQQQ is trading at $67.77, down 4.52% from the September 11 close in pre-market as higher inflation readings increase expectations for a Federal Reserve rate hike at the September 15–16 meeting.

• Nasdaq-100 futures are down 1.61% and S&P 500 futures 0.70%, showing an index-level move rather than company-specific weakness.
• Treasury yields near 5% pressure growth-stock valuations; oil and Middle East shipping risks add risk-off pressure, especially for technology and AI-related stocks.