The Nasdaq 100, a major U.S. equity index heavily weighted toward large technology companies, hit a new intraday all-time high above 25,000, according to the provided update. The move signals continued strength in risk assets during the trading session. The reference to QQQ points to the Invesco QQQ Trust, an exchange-traded fund that tracks the Nasdaq 100 and is commonly used by investors to gain exposure to the index.