TQQQ - What's Going On With Nasdaq-100 Leveraged ETF TQQQ | Benzinga
ProShares UltraPro QQQ (NASDAQ: TQQQ) shares are trading higher by 1.9% to $41.30 Wednesday morning. The ETF is trading higher following worse-than-expected U.S. inflation data.
Rising inflation can lead to concerns about the Federal Reserve implementing tighter monetary policy, potentially including interest rate hikes. However, the impact of rising interest rates on TQQQ can be mixed.
Higher rates can increase borrowing costs and ...