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Nasdaq 100 Surges: QQQ Posts Strong Gains as Tech Stocks Lead Charge
Nasdaq 100 Surges: QQQ Posts Strong Gains as Tech Stocks Lead Charge
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Tech bulls are back in the driver''s seat as the Nasdaq 100 rockets higher.
The QQQ ETF—Wall Street''s favorite tech tracker—is climbing fast, fueled by renewed appetite for growth stocks. No surprises here—when the Fed blinks, Silicon Valley wins.
Key drivers:
- Mega-cap tech stocks flexing muscle
- Risk-on sentiment returns to equity markets
- Short sellers scrambling to cover positions
Funny how these ''disruptive'' ETFs still move in lockstep with old-school monetary policy. Some things never change—even in the age of AI and blockchain.
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