Weekly Recap | Invesco QQQ Trust +0.68%, closing in on record highs
Weekly Review·
- QQQ.US rose 0.68 % this week to close at 749.58 USD, outperforming the S & P 500 by 0.95 percentage points and nearing its historical high.
- The NASDAQ-100 index tracked by QQQ gained 0.65 %, driven by fluctuating Federal Reserve rate expectations and a weak nonfarm payroll report.
- Market focus for next week will shift to service sector PMI and international trade data, with attention on the index's support near historical highs.
