Nasdaq-100 ETF Wavers Ahead of Delayed Jobs Data, Rate-Cut Debate, and “AI Blues”
Invesco QQQ Trust (NASDAQ: QQQ) — the flagship ETF that tracks the Nasdaq-100 — is starting Tuesday, December 16, 2025 with investors laser-focused on a rare mix of catalysts: delayed U.S. employment data, shifting Federal Reserve rate-cut expectations, and renewed scrutiny around AI-heavy mega-cap valuations.
As of early pre-market updates, QQQ was hovering around the $610 area, after closing Monday at $610.54, down about 0.5% on the day. [1] The ETF’s scale matters here: QQQ has roughly $409 billion in assets, meaning even modest index swings translate into significant dollar moves across portfolios. [2]
QQQ price update: where the Nasdaq-100 ETF stands this morning
Here are the key QQQ numbers investors are watching…




