Jan 25, 2025 · QQQ/SPY Market Review · 7 headlines

DeepSeek spreads as Canada trade risk rises during Saturday closure

U.S. markets were closed on Saturday, leaving QQQ at $528.71 and SPY at $607.38 with no session move. DeepSeek's R1 spread across U.S. media as research groups reported low-cost replications. Ontario threatened economic retaliation if new U.S. measures target Canada. Google, Amazon and Tesla outlined AI education, streaming and product-rollout plans, while banks prepared to sell billions of dollars of X-related loans.

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