#NasdaqETFUpdate
The Nasdaq-focused ETFs have seen a mixed performance this week as investors weigh inflation data and the Federal Reserve's upcoming policy decisions. The Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100, showed slight volatility but remained resilient, buoyed by strong performances from tech giants like Microsoft and Nvidia. Meanwhile, the ProShares UltraPro QQQ (TQQQ) and other leveraged ETFs experienced sharper swings, reflecting investor appetite for higher risk and potential reward.
AI and semiconductor stocks continue to drive much of the momentum, with ETFs like the iShares Semiconductor ETF (SOXX) gaining attention. Despite broader market caution, Nasdaq ETFs remain a key indicator of tech sector sentiment.