#NasdaqETFUpdate Today, the Nasdaq ETF (e.g., QQQ) showed mixed performance amid fluctuating tech stocks. Strong earnings from major tech giants like Apple and Amazon provided support, while rising Treasury yields and inflation concerns capped gains. The ETF traded within a narrow range, closing slightly higher by 0.3% as investor sentiment remained cautious ahead of key economic data. AI and semiconductor stocks outperformed, but some growth stocks faced pressure. Trading volume was average, reflecting indecision in the market. Analysts suggest the Nasdaq ETF may remain range-bound in the near term unless macroeconomic conditions shift significantly. Overall, a quiet day with modest gains.
