Nasdaq and S&P 500 futures are surging higher, with Invesco QQQ Trust (NASDAQ:QQQ) and SPDR S&P 500 (ARCA:SPY) leading the way. Investors are optimistic about the strong performance of these two popular exchange-traded funds.
The Invesco QQQ Trust, which tracks the Nasdaq 100 Index, is benefiting from the rally in technology stocks. Companies like Apple, Microsoft, and Amazon are driving the index higher, as investors continue to show confidence in the tech sector.
On the other hand, the SPDR S&P 500 ETF is seeing gains due to the overall strength in the broader market. With a diverse range of large-cap stocks in its portfolio, the ETF is reflecting the positive sentiment among investors towards the economy’s recovery.
Overall, both QQQ and SPY are attracting significant interest from investors looking to capitalize on the current market momentum. The strong performance of these ETFs is a clear indicator of the bullish sentiment prevailing in the market.