Why Is Invesco QQQ Trust ETF (QQQ) Falling Today, 4/28/2026?

Tip Ranks
2026.04.28 12:16
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The Invesco QQQ Trust ETF (QQQ) fell 1.16% in pre-market trading due to concerns over OpenAI's revenue growth, impacting stocks of AI companies like Oracle, AMD, Broadcom, and Nvidia. Despite this, the QQQ ETF has risen 2.45% over the past five days and is up 40.5% year-over-year. Oil prices are also rising amid Middle East tensions, while traders previously overlooked stalled U.S.-Iran talks, leading to a slight gain of 0.05% on Monday.