Streetbeat News

CQQQ

Invesco China Technology ETF

http://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=CQQQ

Industry

Asset Management

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index, as well as ADRs and GDRs that represent securities in the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains, and calculates the underlying index. The underlying index may include China A-Shares, B Shares, H Shares, N Shares, Red Chips, P Chips and S Chips. The fund is non-diversified.

Open

40.75

Mkt cap

731M

Volume

204K

High

40.85

P/E Ratio

21.08

52-wk high

50.98

Low

40.33

Div yield

0.00

52-wk low

27.68

U.S. markets closed lower due to concerns over rising AI-related costs at Microsoft and Meta, despite strong earnings from Amazon and Apple. Crude oil prices rose over 2% amid geopolitical tensions and potential OPEC+ production delays. European markets gained, while Asian markets mostly declined.

Portfolio Pulse from Akanksha Bakshi

November 01, 2024 | 10:52 am

U.S. markets closed lower due to declines in chip stocks, despite positive earnings from Microsoft, Meta, and Alphabet. U.S. GDP growth was slightly below expectations, but private payrolls exceeded forecasts. Crude oil prices rose on optimism about U.S. fuel demand, while the U.S. dollar softened.

Portfolio Pulse from Akanksha Bakshi

October 31, 2024 | 11:26 am

U.S. markets closed higher on October 28th, driven by anticipation for major tech earnings and stable energy supplies. Key stocks like Alphabet, Meta, and Apple gained. Most S&P 500 sectors rose, except tech and energy. Crude oil prices rebounded slightly after a previous drop.

Portfolio Pulse from Akanksha Bakshi

October 29, 2024 | 10:51 am

Oil prices dropped over 6% due to eased supply fears, while U.S. markets closed mixed with the Nasdaq rising. Tesla's positive sales forecast boosted tech stocks, and Nvidia briefly surpassed Apple in market value. Most S&P 500 sectors declined, except for information technology and communication services. Asian and European markets showed gains, and U.S. futures indicated a positive opening.

Portfolio Pulse from Akanksha Bakshi

October 28, 2024 | 11:06 am

U.S. markets closed mixed with gains in Nasdaq and S&P 500 driven by Tesla's surge. Treasury yields eased, but sentiment was cautious due to mixed corporate results. U.S. jobless claims fell, and PMI data showed improvement. Asian markets were mixed, while European markets saw slight gains. Oil prices increased, while gold and silver declined.

Portfolio Pulse from Akanksha Bakshi

October 25, 2024 | 10:47 am

U.S. markets closed lower due to rising Treasury yields affecting mega-cap stocks. McDonald's and Coca-Cola were impacted by corporate news. Crude oil prices rose over 2% due to geopolitical tensions, while gold also advanced. European markets gained as investors focused on earnings and economic data.

Portfolio Pulse from Akanksha Bakshi

October 24, 2024 | 10:44 am

U.S. markets closed mixed with Nasdaq gaining slightly, while Dow and S&P 500 saw minor declines. Treasury yields rose, impacting market sentiment. Oil prices fell due to increased U.S. crude inventories, and the U.S. dollar reached a three-month high.

Portfolio Pulse from Akanksha Bakshi

October 23, 2024 | 10:55 am

U.S. markets closed mixed with the Dow and S&P 500 declining, ending a six-week winning streak. Nvidia boosted the Nasdaq, while Tesla and other tech stocks slipped. Boeing surged on potential strike resolution, and Spirit Airlines soared after extending its debt refinancing deadline.

Portfolio Pulse from Akanksha Bakshi

October 22, 2024 | 11:29 am

U.S. markets closed higher with record highs in major indexes, driven by strong Netflix earnings and tech stock gains. Key tech stocks like Apple and Nvidia contributed to the rally. U.S. housing stats showed a decline, while most S&P 500 sectors closed positively. In Asia, Japan and Australia saw gains, while India and Hong Kong declined. European markets opened lower. Commodities like crude oil and gold rose, while U.S. futures indicated a slight decline. The U.S. dollar strengthened.

Portfolio Pulse from Akanksha Bakshi

October 21, 2024 | 10:32 am

Gold reached a record high of over $2,700 amid U.S. election uncertainties, while the Dow hit a record high due to strong retail sales and Taiwan Semiconductor's positive earnings forecast. U.S. markets closed mixed, with the S&P 500 and Nasdaq nearly flat. Asian and European markets mostly rose, supported by positive economic data.

Portfolio Pulse from Akanksha Bakshi

October 18, 2024 | 10:32 am

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