Weaker retail sales
January headline retail sales fell 0.9% versus a 0.1% expected decline, while core sales dropped 0.4% against a 0.3% expected gain.
Feb 14, 2025 · QQQ/SPY Market Review · 37 headlines
QQQ gains 0.41% while SPY finishes flat as retail sales weaken and factory output firms
QQQ moved from a slight opening loss to finish 0.41% above the prior close, while SPY ended essentially flat, leaving QQQ ahead by 0.40 percentage points. January retail sales fell much more than forecast, but industrial production exceeded expectations. Import-price, AI investment and semiconductor-manufacturing reports supplied additional context through the session and overnight.
Published
- QQQ
- +0.41%
- SPY
- +0.01%
- QQQ − SPY
- +0.40%
What shaped the session
Firmer production and prices
Industrial production rose 0.5% in January, above the 0.3% forecast, while import prices posted their largest increase in nine months.
AI and chip investment
Reports described Meta's push into humanoid robots, a potential $5 billion Dell-xAI server deal and possible TSMC operation of Intel's U.S. factories.
Key news
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