๐ Recent Drivers โ Context for Nasdaq ETFs
U.S.โChina trade talks positive sentiment continues. Nasdaqโ100 futures were up ~0.2%, boosting megaโcap and semiconductor stocks โ the engine behind QQQ, whose futures rose ~0.2% preโmarket on Juneโฏ10.
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 10โyr Treasuries) and energy prices are stable (~ $65โ66/barrel), improving risk appetite and supporting ETF flows into tech.
#NasdaqETFUpdate
U.S.โChina trade talks positive sentiment continues. Nasdaqโ100 futures were up ~0.2%, boosting megaโcap and semiconductor stocks โ the engine behind QQQ, whose futures rose ~0.2% preโmarket on Juneโฏ10.
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 10โyr Treasuries) and energy prices are stable (~ $65โ66/barrel), improving risk appetite and supporting ETF flows into tech.
#NasdaqETFUpdate