QQQI is trading 1.6% up today as the information technology sector rallies alongside a strong move in the NASDAQ Composite, which has gained over 2%.
- Improved risk sentiment is being driven by easing geopolitical tensions and lower oil prices, fostering a favorable environment for growth stocks.
- A robust manufacturing PMI and ongoing enthusiasm surrounding mega-cap tech and AI-related earnings are providing significant tailwinds for tech-heavy strategies.