Weekly Recap | QQQM.US +0.7%, closing in on record highs
Weekly Review·
- QQQM.US rose 0.7 % to close at 308.69 USD this week, while the NASDAQ-100 index gained 0.65 % to 30807.931 points in a volatile trading pattern.
- Weak non-farm employment data released on Friday boosted tech sentiment and pushed indices near historical highs, offsetting earlier pressures from Federal Reserve rate hike bets.
- Investors need to monitor upcoming macroeconomic data and the impact of daily rebalancing on long-term holdings in a fluctuating market environment.
