SanDisk Jumps 10%, Lululemon Crashes 17%: Stock Market Today
A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.
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BlackRock's IQQ is gaining consistent inflows, while Invesco's QQQ remains the dominant Nasdaq-100 ETF despite cheaper rivals.
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A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.
VOO led ETF inflows with $3.3B. Investors also poured money into Treasury and gold ETFs; total ETF flows reached $5.3B on Thursday.
Economist Mohamed El-Erian warns of a fundamental imbalance in the bond market as traditional buyers of U.S. debt retreat and yields surge.
High job openings contrast with falling hires, leaving the Fed trapped between rising inflation and cooling job growth.
The article analyzes the Invesco NASDAQ 100 ETF (QQQM), a passively managed large-cap growth fund with $104.37 billion in assets. With a low expense ratio of 0.15% and YTD returns of 16.98%, QQQM is positioned as a strong investment option for broad exposure to large-cap growth stocks. The fund is heavily weighted toward technology (57.5%) with top holdings including Nvidia, Apple, and Microsoft.
The article recommends Invesco's NASDAQ 100 ETF (QQQM) as a single ETF choice for 2026 investors. QQQM tracks the 100 largest non-financial Nasdaq stocks with a low 0.15% expense ratio and has outperformed the S&P 500 over the past five years (98% vs 84% total return). The fund offers exposure to high-growth tech companies like Nvidia, Microsoft, and Apple, making it suitable for long-term investors seeking simplicity with higher growth potential than broader market indices.