ProShares UltraPro QQQ is trading approximately 5.4% higher in pre-market sessions as Nasdaq-100 futures recover from last week's heavy technology selloff.
- The bounce follows Friday's sharp decline triggered by a stronger-than-expected May payrolls report, which pushed yields higher and pressured growth stocks.
- Traders are currently bargain-hunting high-beta tech exposure during a light data day ahead of key CPI and PPI inflation readings scheduled for later this week.