Previous close | 2.9200 |
Open | 3.0100 |
Bid | 3.0000 x 4000 |
Ask | 3.1700 x 21500 |
Day's range | 2.9850 - 3.1500 |
52-week range | 1.8400 - 5.1590 |
Volume | |
Avg. volume | 3,316,408 |
Market cap | 1.409B |
Beta (5Y monthly) | 2.63 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.0600 |
Earnings date | 08 Nov 2023 - 13 Nov 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 4.43 |
The Invesco QQQ Trust (NASDAQ: QQQ) is one of the most popular exchange-traded funds (ETFs) on the market with just under $200 billion in assets under management. While the Invesco QQQ is a great ETF that could play an important role in any portfolio, there is a similar ETF that I would consider first -- the Fidelity MSCI Information Technology ETF (NYSEMKT: FTEC). There are a few things about this Fidelity fund that make it stand out above the rest.
Oil prices are rising and retailers’ summer sales are ending, yet most economists expect inflation in the eurozone to fall to nearly a two-year low in September when official data is released on Friday. The harmonised index of consumer prices for the 20-country bloc is expected to drop from 5.2 per cent in August to 4.6 per cent in September, the slowest annual price growth in the region since October 2021, according to a Reuters poll of economists. If inflation falls as much, or even more, than expected it would support investors’ hopes that the European Central Bank has reached the end of its interest rate raising cycle after lifting borrowing costs for a 10th time this month.
A nearly 15% decline in the growth-driven Nasdaq Composite from its record high is a blessing in disguise for opportunistic long-term investors.