#NasdaqETFUpdate
Nasdaq ETF Update (June 10, 2025)
Nasdaq-focused ETFs showed mixed results today as tech investors weighed new inflation data and upcoming Fed rate decisions. The Invesco QQQ Trust (QQQM), tracking the Nasdaq-100, saw its price hover around $219.53, with recent closures indicating a steady trend. Meanwhile, leveraged ETFs like ProShares UltraPro QQQ (TQQQ) experienced heightened volatility. Semiconductor ETFs, such as iShares Semiconductor ETF (SOXX), remained steady, driven by optimism in AI chip demand. Other Nasdaq ETFs, like the Invesco Nasdaq Internet ETF (PNQI), rose to $50.32, and the First Trust Nasdaq Bank ETF (FTXO) reached $31.95. Broader growth ETFs saw slight pullbacks amid profit-taking, but ETF flows remain positive overall, indicating continued confidence in the long-term tech sector outlook. Investors are now focused on the Fed's upcoming statement, which could impact rate-sensitive growth stocks.