The Invesco QQQ Trust (QQQ) closed down 1.33% at $515.61 on December 30, 2024, as the Nasdaq 100 Index fell 1.29% amid a broader market sell-off driven by year-end profit-taking and weakness in technology stocks. The decline in tech stocks, including major players like Apple and Nvidia, was exacerbated by rising Treasury yields, which have climbed 50 basis points since early December, reaching 4.6%. This increase in yields has heightened concerns about the Federal Reserve's rate policy, contributing to the market's volatility. Additionally, the semiconductor sector faced significant pressure, with stocks like Broadcom and Marvell Technology dropping over 3%, further weighing on the Nasdaq. The market's thin trading volume during the holiday week amplified these moves, as investors adjusted their portfolios ahead of the New Year.