#NasdaqETFUpdate Nasdaq-focused ETFs showed mixed performance today as investors digested fresh economic data and awaited key Fed announcements. The Invesco QQQ Trust (QQQ), tracking the Nasdaq-100, edged up 0.4%, supported by gains in major tech names like Apple and Nvidia. Meanwhile, the ProShares UltraPro QQQ (TQQQ) rose 1.2%, reflecting leveraged optimism among short-term traders. Semiconductor ETFs like SOXX gained ground amid stronger-than-expected chip sales. However, broader market caution limited upside as inflation concerns linger. Trading volumes remained moderate, suggesting a wait-and-see approach ahead of next week’s FOMC meeting. Overall, tech-driven momentum continues to support Nasdaq ETFs, though volatility remains a key theme. Investors are advised to stay nimble as macroeconomic uncertainty could drive sharp moves in coming sessions.
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