markets
QQQ -5.19% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
QQQ collapses 5.19% after hours to $705.06 — broad tech selloff accelerating.
SPY is down 3.03% to $737.55, but high-beta names are getting crushed harder. IONQ off 15.03%, ASTS down 13.32%, RIOT falling 10.45%, and AFRM losing 7.65% — growth and speculative tech taking the brunt. QQQ shed over $35 from Friday's $740.61 close.
Watch: $700 on QQQ as the next psychological level — a break opens air to the $680s. Monitor IONQ and ASTS for stabilization; if they continue lower into Sunday futures open, expect further pressure on the Nasdaq complex at Monday's cash open.