#NasdaqETFUpdate

Nasdaq-linked exchange-traded funds (ETFs) experienced notable fluctuations over the past week, driven by earnings reports from major technology companies and the U.S. Federal Reserve's outlook on interest rates.

Key Points:

Slight Increase in QQQ: The popular Invesco QQQ ETF, which tracks the Nasdaq-100 Index, recorded a 1.2% increase over the week, supported by gains in stocks like Apple and Nvidia.

Investor Interest in Technology: With rising bets on the continued growth of artificial intelligence, funds like QQQ and ARKK saw new positive inflows.

Volatility Due to Monetary Policy: The Fed's outlook on raising or maintaining interest rates continues to impact investor confidence, reflecting on the movements of Nasdaq ETFs.

Outlook:

Nasdaq funds are expected to remain under scrutiny, especially with the earnings announcement season approaching for major technology companies, and the ongoing focus on U.S. inflation and unemployment data.