Nasdaq-100 ETF (QQQ) is trading 1.5% up today as easing Treasury yields and a broader risk-on tone fuel gains in large-cap growth and technology stocks.
- Investors are leaning into large-cap growth as sentiment improves following last week’s gains and Treasury yields retreat from recent highs.
- The strength in the tech-weighted index comes amid a light macro calendar with no major economic data releases scheduled for the session.
- Major U.S. indices are trading broadly higher, reflecting a wider risk-on environment across equity markets.