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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

Major stock indexes experienced declines due to March inflation data surpassing expectations, indicating persistent inflationary pressures.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 1:04 pm

US stock futures are positive ahead of March inflation data, with expectations of a tame reading potentially pushing the S&P 500 to retest highs. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showed slight premarket movements. Analysts anticipate the CPI report to act as a catalyst for market direction. Boeing Co. (BA) and PriceSmart, Inc. (PSMT) are also in focus, with PSMT rising post-earnings. Upcoming economic data and Fed speeches are expected to influence market sentiment.

Portfolio Pulse from Shanthi Rexaline

April 10, 2024 | 10:41 am

Investors are awaiting March inflation data from the Bureau of Labor Statistics, with expectations of a rise in the CPI inflation rate to 3.4% from 3.2%, and a slight decrease in core inflation from 3.8% to 3.7%. Wells Fargo predicts higher rates, while Bank of America expects more subdued inflation, potentially influencing the Fed's rate cut decision in June. February's CPI data caused volatility in ETFs, with some surging and others falling in response.

Portfolio Pulse from Piero Cingari

April 09, 2024 | 6:01 pm

Stocks fell ahead of key inflation data, with the S&P 500, Dow, and Nasdaq showing declines. Treasury yields dipped as bond demand rose, and gold prices reached new highs. Bitcoin saw a significant drop. Key ETFs like SPY, DIA, and QQQ moved lower, while specific stocks like NVDA, CSCO, MRNA, MP, and FCX experienced notable price movements due to various factors including analyst ratings and study results.

Portfolio Pulse from Piero Cingari

April 09, 2024 | 5:53 pm

Major stock indexes have declined in anticipation of Wednesday's Consumer Price Index (CPI) report, indicating investor caution.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 2:54 pm

The Market Clubhouse Morning Memo for April 9th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on a proprietary formula. It offers detailed analysis for each asset, including potential bullish and bearish price levels. The memo emphasizes the importance of monitoring these stocks for breakouts or reversals and adjusting tactics based on market conditions. Additionally, it highlights the lack of economic data today, with the only notable event being a 3-Year Note Auction, and advises traders to prepare for tomorrow's CPI figures.

Portfolio Pulse from RIPS

April 09, 2024 | 2:17 pm

US stock futures show minimal movement amid concerns over inflation data and mixed market signals. Analysts remain optimistic, predicting S&P 500 earnings growth due to strong economic momentum and AI investment. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw slight premarket declines. Analysts highlight the potential for continued equity market growth, citing historical trends and expectations for slowing inflation. Key earnings reports are expected from Tilray Brands, PriceSmart, and WD-40 Company.

Portfolio Pulse from Shanthi Rexaline

April 09, 2024 | 11:02 am

The upcoming Consumer Price Index (CPI) report for March is highly anticipated, with economists expecting a slight increase in annual CPI inflation from 3.2% to 3.4%, and a deceleration in monthly CPI inflation to 0.3%. Core CPI inflation is also expected to ease, potentially influencing the Federal Reserve's decision on interest rates. The report's outcome could sway market expectations towards either a rate cut or hold in June. Previous CPI data led to a decline in SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust (QQQ), while iShares 20+ Year Treasury Bond ETF (TLT) weakened.

Portfolio Pulse from Piero Cingari

April 08, 2024 | 8:18 pm

Wall Street sees a cautious trading session with slight declines in major indices ahead of a data-rich week, focusing on March inflation data. Tesla rallies 4.5% on 'Robotaxi' news, while Bitcoin surpasses $71,500. The iShares 20+ Year Treasury Bond ETF weakens as Treasury yields rise. Oil prices drop 1% due to eased Middle East tensions. Apartment Income REIT surges 23% after Blackstone's acquisition announcement. Taiwan Semiconductor gains on US subsidy news, and Coinbase outperforms in the crypto sector.

Portfolio Pulse from Piero Cingari

April 08, 2024 | 5:49 pm

Jamie Dimon, CEO of JPMorgan Chase & Co (NYSE:JPM), emphasized the transformative potential of AI, comparing its impact to major technological inventions like electricity. JPMorgan's strong performance, partly attributed to AI, highlights the broader benefits of AI beyond tech stocks. The article also notes positive early trade money flows in NVDA, AMZN, META, TSLA, SPY, and QQQ, with neutral flows in GOOG and MSFT, and negative in AAPL. Additionally, it mentions the buying of Bitcoin ETFs and the performance of gold and oil ETFs, GLD and USO.

Portfolio Pulse from The Arora Report

April 08, 2024 | 4:01 pm

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