#NasdaqETFUpdate Market Snapshot (as of Jun 10, 2025)
QQQ is trading near $530.70, modestly up on the day.
The Nasdaq‑100 Index is hovering near fresh three‑month highs supported by strong earnings and easing U.S.–China trade tensions .
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🔍 Key Drivers Behind the Move
1. Tech sector strength
Recent firm earnings from megacaps like Microsoft, Nvidia, and Tesla are fueling a rally in the Nasdaq‑100 .
2. U.S.–China trade optimism
Calm sentiments around trade negotiations with China have reduced volatility and bolstered investor confidence .
3. Impressive chip stock performance
Semiconductor ETFs (e.g., SOXX) and names like AMD have posted strong gains on hopes for relaxed export controls .
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⚙️ ETF Strategy: Instruments Worth Watching
**QLD (ProShares Ultra QQQ)**
This leveraged ETF offers 2× daily Nasdaq‑100 exposure, ideal for short-term, active tech trades. Keep in mind compounded risks if held longer term .
Consider Diversified Crypto Exposure
Nasdaq's recent inclusion of XRP, SOL, ADA, XLM in its new Crypto Index marks a shift toward broader digital asset benchmarking. This could pave the way for future multi‑asset crypto ETFs .
