#NasdaqETFUpdate Nasdaq Composite's Strong Showing: The Nasdaq Composite Index has seen a significant rebound, trading at its highest level in over three months, approaching 20,000 points (a mark not touched since February 21, 2025). This is largely driven by strong performance in technology bigwigs and easing concerns about economic growth.

* Positive Momentum for Tech: The tech-heavy Nasdaq Composite finished the first week of June higher, surging 1.2% (as of June 6, 2025) due to the strong performance of technology companies.

* Key Drivers:

* AI Revolution: Artificial intelligence (AI) stocks continue to be a primary driver of market gains, particularly for the Nasdaq. Strong earnings reports and capital spending forecasts from AI companies are fueling this momentum.

* Easing Trade Tensions: Optimism surrounding US-China trade talks, including temporary tariff reductions, has alleviated some recession fears. The US temporarily cut tariffs on Chinese goods, and China lowered retaliatory duties, providing a boost to investor confidence.

* Strong Jobs Data: Better-than-expected jobs data for May has also contributed to positive sentiment, reducing near-term recession fears.

* Corporate Earnings: Strong corporate earnings, particularly from the technology sector, have bolstered the Nasdaq's rebound. NVIDIA, for instance, has reclaimed its position as the world's most valuable company.

Key Nasdaq ETFs and Their Performance:

* Invesco QQQ Trust (QQQ): This is one of the most popular ETFs tracking the Nasdaq 100, which includes the 100 largest non-financial companies listed on the Nasdaq.

* Year-to-Date (YTD) Performance (as of June 2025): QQQ has shown a positive YTD performance of approximately 1.9%. While it underperformed the S&P 500 ETF (SPY) earlier in the year, it has been catching up.

* Longer-term Returns: It boasts strong trailing returns: 16.44% (1yr), 22.62% (3yr), and 20.48% (5yr) for a similar Indian fund (Motilal Oswal NASDAQ 100 ETF).$BNB #BTC110KSoon? #StrategyBTCPurchase #TrumpVsMusk