#NasdaqETFUpdate
The Nasdaq ETF (QQQ) continues its strong performance, trading at $534.21 as of June 11. Recent rallies in tech and semiconductor stocks, fueled by improving U.S.–China trade talks, have boosted investor confidence. QQQ saw $3 billion in inflows last week, leading all ETFs. Year-to-date returns are modest at ~1.7%, but the 1-year return stands near 15–16%. Analysts remain cautiously optimistic, with AI, chip demand, and mega-cap earnings like Nvidia and Microsoft driving momentum. However, high concentration in tech means potential volatility if market sentiment shifts. Keep an eye on upcoming earnings and global trade news. #NasdaqETFUpdat