The ProShares UltraPro QQQ ETF (TQQQ) closed at $75.76 on January 14, 2025, reflecting a slight decline of 0.36% as the Nasdaq 100 index experienced a minor drop of 0.13% to 20,757.41. The tech-heavy index faced pressure despite an initial rise in Nasdaq 100 futures by 0.8% earlier in the day, driven by a recovery in tech stocks like Nvidia, which saw a premarket increase of over 2%. This rebound was supported by easing concerns over U.S. restrictions on AI exports. Additionally, the Producer Price Index (PPI) data released showed a smaller-than-expected increase of 0.2% in December, calming inflation fears and providing a positive sentiment boost. However, the broader market dynamics, including rising bond yields and cautious investor sentiment, tempered the gains. The anticipation of upcoming Consumer Price Index (CPI) data and its potential impact on Federal Reserve policy also kept investors on edge.