Nasdaq ETF Market Update – June 10, 2025
Markets opened the week with mixed momentum as major Nasdaq-tracking ETFs posted modest gains amid cautious investor sentiment.
🔹 Invesco QQQ Trust (QQQ) — Up +0.47%
Tracks the Nasdaq-100; tech giants like Apple, Nvidia, and Microsoft continue to show resilience despite macro uncertainty.
🔹 ProShares UltraPro QQQ (TQQQ) — Up +1.38%
Leveraged 3x exposure; gains amplified following a modest tech rally.
🔹 First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW) — Up +0.29%
Broad-based participation across large-cap tech, showing strength in second-tier Nasdaq names.
🧠 Key Drivers:
AI sector momentum continues to support chipmakers.
Market awaits this week's Fed policy update and inflation data.
Rotation into large-cap growth stocks evident as yields stabilize.
📊 Stay tuned as inflation data and Fed signals later this week could shift short-term ETF flows.