Stock Track | TQQQ Plunges 5.01% Pre-Market as Tech Sector Reels from Trump's New Tariffs
ProShares UltraPro QQQ , a leveraged ETF that aims to deliver three times the daily performance of the Nasdaq-100 Index, plummeted 5.01% in pre-market trading on Friday. This sharp decline comes as the broader technology sector faces a significant selloff triggered by President Donald Trump's announcement of a new, harsh tariff regime.At the heart of this tech sector turmoil are Trump's new tariffs, which are being described as the harshest in a century. China and Taiwan, global hubs for chip an