QQQ Captures $1.1B as Dow Jumps on Trade Deal Hopes

From Yahoo Finance: 2025-04-30 18:00:00

Invesco QQQ Trust (QQQ) attracted $1.06 billion in new assets, reaching $297.2 billion as the Dow Jones Industrial Average rose 300.03 points to 40,527.62 amid optimism about a trade agreement nearing completion.

iShares MSCI Intl Quality Factor ETF (IQLT) gained $1.06 billion, iShares Bitcoin Trust ETF (IBIT) added $971 million, and Dimensional International Value ETF (DFIV) saw $743 million inflows, contributing to $1.5 billion overall in international equity ETFs.

Despite a 0.6% gain in the S&P 500 to 5,560.83, SPDR S&P 500 ETF Trust (SPY) had outflows of $1.9 billion, while iShares MSCI Eurozone ETF (EZU) lost $1.8 billion, and iShares Core S&P 500 ETF (IVV) saw $969 million exit.

U.S. equity ETFs added $417 million, and fixed income ETFs gained $1.48 billion as economists anticipate a Q1 GDP contraction. Overall, ETFs experienced net inflows of $4.2 billion for the day.

Read more: QQQ Captures $1.1B as Dow Jumps on Trade Deal Hopes