𝕏xSE first seen 1 d ago, last 1 d ago, peak #33
Nasdaq-100 ETF Slips 1.5% as Treasury Yields Surge
Original: QQQ Drops 1.5% to Fill Gap Near 744 Amid Yield Surge
The QQQ exchange-traded fund, which tracks the Nasdaq-100, fell 1.5% in trading, dropping to fill a technical price gap near the 744 level. The decline came as US Treasury yields surged, pressuring growth and technology stocks. Traders are watching whether the 744 gap level holds as support or if yields keep climbing.
Why now: A sharp sell-off in a major tech-heavy ETF driven by rising yields is drawing attention from traders tracking technical levels.
QQQNasdaq-100US Treasury yields
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