Nasdaq Tech Stocks Climb, QQQ Gains After U.S.-Iran Deal Hopes
Invesco QQQ Trust jumped Monday as buyers returned to big tech after the U.S. and Iran reached a tentative deal meant to end the Middle East war and reopen the Strait of Hormuz. QQQ was last at $743.54, up $22.20, or 3.1%, hitting an intraday high of $744.71, based on recent prices. Reuters said the Dow set an intraday high and the S&P 500 and Nasdaq gained as the agreement sent crude lower.
