Investors are keeping a close eye on the performance of the Invesco QQQ Trust (QQQ) as Big Tech earnings week kicks off. The exchange-traded fund, which tracks the Nasdaq 100 index, has been experiencing some volatility in recent days.
Tech giants like Apple, Amazon, and Microsoft are set to report their earnings this week, and their results will likely have a significant impact on the overall market. As a result, QQQ, which has a heavy concentration of these tech stocks, is expected to see some fluctuations in response to the earnings reports.
Investors are bracing for potential surprises and market reactions as they await the earnings releases from these major companies. The performance of QQQ in the coming days will be closely watched as a barometer of the overall tech sector and market sentiment.
Overall, it’s a tense time for investors as they navigate through Big Tech earnings week and monitor the performance of QQQ amidst the volatility.