TMTB EOD Wrap

QQQs +1.2% driven by semis +2.5%, AI outperformance and some good earnings overnight. QQQs dipped briefly in the red around 12:30pm then rallied the rest of the day. VK: “Treasuries saw selling pressure on Fri following some favorable economic data in the morning and ahead of next week’s important jobs report (yields rose 3-6bp across the curve). Fed …