QQQ leads a broad advance at 1.36% amid reciprocal-tariff and AI updates

QQQ opened 0.13% higher and finished up 1.36%, while SPY opened 0.02% lower and ended up 1.04%. QQQ led by 0.32 percentage points. Hotter PPI data, reciprocal-tariff steps, and Baidu and Apple product reports supplied the session's main context as both indexes strengthened after the open.

Published Sep 13, 2026

QQQ: +1.36%
SPY: +1.04%
QQQ − SPY: +0.32%

What shaped the session

Hotter producer prices

January PPI rose 3.5% from a year earlier, above the 3.2% forecast and the prior 3.3% reading.

Reciprocal-tariff rollout

Trump announced a plan to match trading partners' tariffs, and the White House said some levies could begin within weeks.

AI product expansion

Baidu outlined a free Ernie Bot and an Ernie 5.0 launch, while Apple was reported to be exploring robots for smart homes.

Key news

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←Feb 12:QQQ rebounds from the CPI shock to gain 0.48% while SPY slips·View all February 2025 QQQ/SPY reviews·Feb 14:QQQ gains 0.41% while SPY finishes flat as retail sales weaken and factory output firms→