🌐 Recent Drivers – Context for Nasdaq ETFs
U.S.–China trade talks positive sentiment continues. Nasdaq‑100 futures were up ~0.2%, boosting mega‑cap and semiconductor stocks – the engine behind QQQ, whose futures rose ~0.2% pre‑market on June 10.
Chip stock rally: iShares Semiconductor ETF climbed ~2.4% on optimism over eased export controls to China. This semiconductor strength primes Nasdaq ETFs heavy in tech (like QQQ) for further gains.
Broader market tone: Yields are moderating (~4.45% on 10‑yr Treasuries) and energy prices are stable (~ $65–66/barrel), improving risk appetite and supporting ETF flows into tech. $ETH