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QQQ

Invesco QQQ Trust

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

Industry

Asset Management

To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index.

Open

502.94

Mkt cap

195B

Volume

50M

High

503.31

P/E Ratio

40.49

52-wk high

515.58

Low

494.50

Div yield

0.01

52-wk low

382.66

Applied Materials (AMAT) stock is rising due to a 4.63% increase following a rate cut by the Federal Open Market Committee. The rate cut benefits growth stocks and rate-sensitive sectors like tech, making it cheaper for semiconductor companies to finance projects, boosting demand for AMAT's equipment. Lower rates also increase the present value of future earnings, making growth companies more attractive to investors.

Portfolio Pulse from Henry Khederian

September 19, 2024 | 2:51 pm

The article lists the top 10 trending stocks on WallStreetBets as of September 19, 2024, according to Swaggy Stocks. The stocks mentioned include NVDA, AAPL, META, and the ETF QQQ, among others.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:17 pm

U.S. stocks are poised for a relief rally following the Federal Reserve's 50 basis-point rate cut. Traders are focusing on jobless claims and FedEx earnings. Tech and small-cap stocks are expected to rally, although strategists warn of a potential tech cool-off. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) saw premarket gains. Analysts suggest value and defensive stocks may outperform in the coming months.

Portfolio Pulse from Shanthi Rexaline

September 19, 2024 | 10:53 am

Jim Cramer predicts that recent Federal Reserve rate cuts will not lead to a significant rally in tech stocks, as these companies are less impacted by such monetary policy changes. Instead, consumer-oriented companies may benefit more from the rate cuts.

Portfolio Pulse from Benzinga Neuro

September 19, 2024 | 8:26 am

The Federal Reserve cut interest rates by 0.5%, marking the first cut since March 2020, and setting the target fed funds rate between 4.75% and 5%. This decision led to a rise in the S&P 500 and gold prices, with various ETFs and stocks reacting differently. The SPDR S&P 500 (SPY) rose by 0.39%, while the Materials Select Sector SPDR Fund (XLB) showed strength, and the Energy Select Sector SPDR Fund (XLE) weakened. The SPDR Gold Trust (GLD) increased by 1.01%, and the Invesco QQQ Trust (QQQ) rose by 0.64%. Meanwhile, the iShares 20+ Year Treasury Bond ETF (TLT) fell by 0.39%.

Portfolio Pulse from Adam Eckert

September 18, 2024 | 6:32 pm

Major indexes rose following the Federal Reserve's decision to cut interest rates by 50 basis points.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 6:01 pm

The article discusses the potential impact of the Federal Reserve's upcoming interest rate decision, with Wall Street expecting a 50 basis point cut and dovish comments. The SPDR S&P 500 ETF Trust (SPY) is highlighted as being near a resistance zone, with mixed signals from market indicators. Positive money flows are noted in major tech stocks and ETFs like SPY and QQQ. The article also touches on housing starts, Bitcoin, and investment strategies in light of potential Fed actions.

Portfolio Pulse from The Arora Report

September 18, 2024 | 5:18 pm

Ahead of the FOMC meeting, Wall Street is experiencing modest losses with uncertainty over the size of the expected rate cut. Treasury yields are rising, and the VIX is up 8%, indicating increased market anxiety. Major indices and ETFs are mostly down, except for the Energy Select Sector SPDR Fund (XLE), which is up. ResMed Inc. (RMD) fell over 5% due to a downgrade, while General Motors Co. (GM) rose over 2% after announcing access to Tesla's Supercharger network.

Portfolio Pulse from Piero Cingari

September 18, 2024 | 4:32 pm

Traders are anticipating the Federal Reserve's first rate cut in 4.5 years, with expectations of a 25 basis point reduction. This decision is crucial for future stock performance. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) saw slight gains in premarket trading. United States Steel Corporation (X) rose over 3% due to potential acquisition developments. General Mills (GIS) and Steelcase (SCS) are set to release earnings reports.

Portfolio Pulse from Shanthi Rexaline

September 18, 2024 | 10:41 am

The S&P 500, tracked by SPDR S&P 500 ETF Trust (SPY), hit record highs ahead of the Fed's interest rate decision, marking a 7-day winning streak. The Invesco QQQ Trust (QQQ) and SPDR Dow Jones Industrial Average ETF (DIA) closed flat, while iShares Russell 2000 ETF (IWM) rose 0.8%. Market expectations for the Fed's rate cut are mixed, with a 65% chance of a 50-basis-point cut. Enphase Energy, Hewlett Packard Enterprise, and Moderna were among the top gainers.

Portfolio Pulse from Piero Cingari

September 17, 2024 | 8:37 pm

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