#NasdaqETFUpdate
Nasdaq-focused ETFs had a mixed week as tech earnings and economic data stirred market sentiment. The Invesco QQQ Trust (QQQ) gained 0.6%, supported by strength in AI and semiconductor stocks, though overall tech enthusiasm remained tempered. ARK Innovation ETF (ARKK) saw a slight decline, reflecting softness in higher-risk tech plays. Investors are eyeing upcoming inflation figures and Federal Reserve signals for guidance on potential interest rate cuts. Analysts recommend a cautious yet strategic approach, favoring resilient sectors within the Nasdaq such as cloud computing and chip makers. Nasdaq ETFs continue to attract attention amid shifting market dynamics.
