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

44.11

Mkt cap

795M

Volume

525K

High

45.16

P/E Ratio

23.24

52-wk high

50.98

Low

44.09

Div yield

0.00

52-wk low

27.68

U.S. markets closed lower due to concerns over the September payrolls report and rising oil prices amid Middle East tensions. Jobless claims increased slightly, and most S&P 500 sectors saw losses, except for energy and IT. Asian markets were mixed, with Japan's Nikkei rising and Australia's ASX falling. European markets showed modest gains, while oil prices rose due to geopolitical concerns.

Portfolio Pulse from Akanksha Bakshi

October 04, 2024 | 10:57 am

U.S. markets closed slightly higher with tech stocks gaining, driven by Nvidia, while Tesla shares fell. Middle East tensions and upcoming U.S. labor data kept investors cautious. Oil prices rose due to geopolitical concerns, impacting global markets.

Portfolio Pulse from Akanksha Bakshi

October 03, 2024 | 10:41 am

Chinese stocks rallied to four-month highs after the People's Bank of China cut interest rates and injected liquidity, boosting hopes for economic stimulus. The iShares China Large-Cap ETF (FXI) and other Chinese-linked ETFs saw gains. Despite potential challenges from a proposed U.S. ban on Chinese-made vehicles, Chinese ADRs and EV manufacturers like NIO and Xpeng also rose.

Portfolio Pulse from Piero Cingari

September 23, 2024 | 4:45 pm

U.S. markets closed higher after a Fed rate cut, with gains in Tesla, Apple, Meta, and Nvidia. Asian markets also rose, while European markets declined. Gold hit a new high, and oil prices fell. The U.S. dollar strengthened, and jobless claims were better than expected.

Portfolio Pulse from Akanksha Bakshi

September 20, 2024 | 10:49 am

U.S. markets closed mixed with strong economic data, as investors anticipate the Federal Reserve's rate cut. Most S&P 500 sectors rose, while healthcare and consumer staples fell. Asian markets mostly gained, while European markets were mixed. Commodities saw a decline in oil prices, while gold rose. The U.S. dollar softened slightly.

Portfolio Pulse from Akanksha Bakshi

September 18, 2024 | 10:35 am

U.S. markets closed mixed with the S&P 500 slightly up and the Nasdaq down due to tech stock declines. Apple fell on weak iPhone 16 demand, affecting chipmakers like Nvidia, Broadcom, and Micron. The NY Empire State Manufacturing Index rose significantly. Most S&P 500 sectors gained, except for IT and consumer discretionary. Asian markets were mixed, with Japan's Nikkei down and Hong Kong's Hang Seng up. European markets advanced, and crude oil prices steadied amid U.S. production concerns. Gold held above $2,600.

Portfolio Pulse from Akanksha Bakshi

September 17, 2024 | 10:47 am

U.S. markets closed higher on September 13th, driven by optimism for a potential 50-basis point interest rate cut by the Federal Reserve. All S&P 500 sectors rose, with small-cap stocks outperforming. The Dow, S&P 500, and Nasdaq all saw gains. Meanwhile, the U.S. dollar weakened, and gold reached a new high.

Portfolio Pulse from Akanksha Bakshi

September 16, 2024 | 10:58 am

U.S. markets closed higher on expectations of a Federal Reserve rate cut, with tech stocks boosting the Nasdaq. Crude oil prices rose due to supply disruptions, and gold hit a record high. The U.S. dollar fell to a one-week low amid rate cut expectations.

Portfolio Pulse from Akanksha Bakshi

September 13, 2024 | 10:23 am

U.S. markets closed higher with strong gains in the technology sector, led by Nvidia. Inflation data showed a 0.2% increase in CPI for August. Asian markets were mixed, while European markets advanced. Crude oil and gold prices rose due to disruptions in U.S. Gulf production.

Portfolio Pulse from Akanksha Bakshi

September 12, 2024 | 12:00 pm

U.S. markets closed mixed with the S&P 500 gaining and the Dow dipping due to concerns over economic growth and declining bank stocks. Asian markets fell, while European markets saw gains. Oil prices rebounded on supply fears, and the U.S. dollar weakened.

Portfolio Pulse from Akanksha Bakshi

September 11, 2024 | 11:38 am

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