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Watch These QQQ Price Levels as Nasdaq 100 Fund Slumps on Tariff Fears [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
A recent bullish momentum shift looks in jeopardy, with the fund projected to open near this week's low. Investors should watch key support levels on QQQ's chart around $448 and $430, while also monitoring vital resistance levels near $503 and $537. The Invesco QQQ Trust ( QQQ ), an exchange-traded fund (ETF) that tracks the Nasdaq 100 index , plunged early Thursday after President Trump imposed sweeping reciprocal tariffs yesterday. . The fund's top three holdings—iPhone maker Apple ( AAPL ), software giant Microsoft ( MSFT ), and AI favorite Nvidia ( NVDA )—all suffered steep after-hours losses as the tariffs were announced . Investors worry the new duties may inflate manufacturing costs and consumer prices, both of which could weigh on corporate profits. Prior to today's premarket slide, the QQQ fund had tumbled 7% since the start of the year amid concerns over tariff uncertainty , significant AI spending and moderating Big Tech earnings. The QQQ was down more than 4% at a
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