#NasdaqETFUpdate 📈 Nasdaq ETF Update – June 10, 2025
The Nasdaq exchange-traded funds (ETFs) saw mixed performance today as investors weighed inflation data, interest rate outlooks, and tech sector earnings.
🔹 Market Overview
The Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100 Index, posted a modest gain of 0.4%, closing at $418.75. Tech heavyweights like Nvidia and Microsoft helped buoy the index, continuing their upward trend following recent AI-driven earnings beats.
Meanwhile, the First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW) lagged slightly, reflecting a broader softness among smaller-cap tech components, finishing the day flat.
🔹 Sector Highlights
Semiconductors (SOXX, SMH): Strong demand for AI chips and cloud infrastructure continues to lift semiconductor ETFs. Both SOXX and SMH were up around 1.1%, led by gains in AMD and Marvell.
Biotech (IBB, XBI): Nasdaq-listed biotech ETFs saw a pullback today, with IBB down 0.7%, driven by weakness in mid-cap names after mixed FDA guidance and earnings outlooks.
Clean Energy (QCLN): Clean tech ETFs remained volatile amid policy uncertainty, finishing the session down 0.5%.
🔹 Flows & Sentiment
ETFs tracking the Nasdaq-100 experienced modest inflows, suggesting investor confidence remains intact despite ongoing macro uncertainty. Options activity in QQQ remains elevated, pointing to continued hedging around CPI data expected later this week.
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🧠 Key Takeaway
Nasdaq ETFs remain central to growth-focused portfolios, with QQQ and its peers benefiting from the strong performance of megacap tech. However, rotation beneath the surface signals caution among smaller-cap and thematic ETFs.