Streetbeat News

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

473.71

Mkt cap

189B

Volume

43M

High

480.56

P/E Ratio

30.74

52-wk high

540.81

Low

473.12

Div yield

0.01

52-wk low

413.07

Market participants are largely expecting a rate cut at the Federal Reserve's November meeting, with a 96% chance of a quarter-point cut. This optimism has led to gains in major indexes like the S&P 500 and Nasdaq 100. However, political uncertainties due to the upcoming presidential election could impact market sentiment.

Portfolio Pulse from Piero Cingari

October 26, 2024 | 12:00 pm

Tesla's strong earnings have significantly boosted its market cap, potentially aiding the NASDAQ's breakout. Positive money flows are observed in major tech stocks and ETFs like QQQ and SPY, while Apple sees negative flows. Investors are advised to maintain a balanced protection band strategy.

Portfolio Pulse from The Arora Report

October 25, 2024 | 10:42 pm

Chip stocks experienced a rise, contributing to the Nasdaq's positive close. T-Mobile shares saw a reversal, and consumer sentiment exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 8:04 pm

Tech stocks are rallying as investors anticipate earnings from major companies like Microsoft, Apple, Meta, Amazon, and Alphabet. Tesla continues its upward trend, while the S&P 500 and Nasdaq 100 see gains. The Dow Jones is down, and the U.S. dollar is strengthening. ETFs like SPY, QQQ, and XLK are performing well.

Portfolio Pulse from Piero Cingari

October 25, 2024 | 5:19 pm

Major indexes are rising due to a decrease in Treasury yields and positive consumer sentiment data. Additionally, strong performance in chip stocks is contributing to market gains.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 3:21 pm

The article lists the top 10 trending stocks on WallStreetBets as of October 25, 2024, based on data from Swaggy Stocks. The stocks mentioned are TSLA, NVDA, DJT, AAPL, SOFI, LOT, MCD, GLD, AMD, and QQQ.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 1:17 pm

US stocks are set to rise as Treasury yields ease. Tesla and Spirit Airlines are in focus, with Tesla seeing a significant rally and Spirit Airlines announcing aircraft sales and job cuts. Despite Tesla's strong performance, a fund manager advises caution. Capri Holdings faces a setback with its blocked acquisition by Tapestry.

Portfolio Pulse from Rounak Jain

October 25, 2024 | 11:15 am

Tech stocks rebounded on Thursday, led by Tesla's 18% surge after strong quarterly results. Despite Tesla's rally, market sentiment remained cautious. The S&P 500 and Russell 2000 were flat, while the Dow Jones fell. The Consumer Discretionary sector, influenced by Tesla, led gains. Treasury yields eased, boosting gold prices. Several companies, including T-Mobile and IBM, saw significant stock movements following earnings reports.

Portfolio Pulse from Piero Cingari

October 24, 2024 | 6:30 pm

Tech stocks surged on Thursday, led by Tesla's 18% rise after strong quarterly results. Despite Tesla's rally, market sentiment remained cautious. The S&P 500 and Russell 2000 were flat, while the Dow Jones fell. The Consumer Discretionary sector, influenced by Tesla, led gains. Treasury yields eased, boosting gold prices.

Portfolio Pulse from Piero Cingari

October 24, 2024 | 4:58 pm

Tesla's strong earnings report has positively impacted its stock and is also benefiting Nvidia, as Tesla is a major customer. Rising yields are causing some market selling, but Tesla's results are counterbalancing this effect. Positive money flows are observed in major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

October 24, 2024 | 4:21 pm

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