Business
from24/7 Wall St.
12 hours agoWhy Millions of Investors Are Buying the Wrong NASDAQ ETF
Fidelity Nasdaq Composite Index ETF (ONEQ) offers broader exposure than QQQ by tracking over 600 securities instead of just 100.
The S&P 500 rose 67.82% on a price basis from inauguration day to the end of Trump's first term, gaining 9.27% in the first six months and 24.15% after one year. Trade tensions with China caused corrections, but the market recovered as company earnings continued to grow.
"Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz," Trump said in a post on his social media platform, Truth Social, as highlighted by CNBC.
The markets are higher out of the gate, with technology leaders including Nvidia and Oracle leading the way. Traders and investors are looking to Nvidia's earnings report after the bell alongside comments from CEO Jensen Huang to improve market sentiment, which has taken a hit of late, with the Nasdaq Composite clocking declines of 3% over the past month.