QQQ rose 1.1% to $607.87 on Tuesday with approximately 54.4 million shares traded. The ETF sits just under its 50-day moving average of $616.22 and slightly above its 200-day moving average of $605.73. According to the news sources, QQQ's movement occurred amid mixed market conditions. Tech stocks rebounded following an AMD-Meta deal and software stock gains. However, major indexes faced headwinds from President Trump's announcement of a 15% global tariff increase and statements about tariff authority, along with the EU halting trade deal proceedings with the US. Additionally, December factory order economic data came in below estimates. The sources indicate QQQ received support from strong ETF fund flows, with QQQ recently grabbing the top daily ETF flows spot. Tech insiders were reportedly buying dips. QQQ's quarterly dividend was raised to $0.7941, boosting the yield to approximately 0.5%.
Read full analysisQQQ rose 1.1% to $607.87 on Tuesday with approximately 54.4 million shares traded. The ETF sits just under its 50-day moving average of $616.22 and slightly above its 200-day moving average of $605.73. According to the news sources, QQQ's movement occurred amid mixed market conditions. Tech stocks rebounded following an AMD-Meta deal and software stock gains. However, major indexes faced headwinds from President Trump's announcement of a 15% global tariff increase and statements about tariff authority, along with the EU halting trade deal proceedings with the US. Additionally, December factory order economic data came in below estimates. The sources indicate QQQ received support from strong ETF fund flows, with QQQ recently grabbing the top daily ETF flows spot. Tech insiders were reportedly buying dips. QQQ's quarterly dividend was raised to $0.7941, boosting the yield to approximately 0.5%.
QQQ is an ETF tracking the Nasdaq-100 Index, providing concentrated exposure to the 100 largest non-financial companies on the Nasdaq, heavily weighted toward mega-cap technology and AI names like Apple, Microsoft, Nvidia, Amazon, and Alphabet. It converted from a unit investment trust to an open-end ETF in December 2025, with Invesco cutting its fee to 0.18%. Its heavy growth and tech tilt makes it a bellwether for sentiment around AI spending and macro crosscurrents like tariff policy and interest rate expectations.