Mar 8, 2025 · QQQ/SPY Market Review · 5 headlines

Funding bill, quantum debate and Cybercab shape Saturday focus

U.S. markets were closed for the weekend, with QQQ and SPY carrying Friday's closing levels of $491.02 and $575.17. House Speaker Mike Johnson announced a temporary funding bill through September 30 aimed at averting a possible March 14 shutdown, and Trump urged Republican support. Amazon executives questioned Microsoft's quantum-computing claims, Meta was reported to maintain do-not-rehire lists, Millennium reportedly incurred a $900 million loss tied to index rebalancing, and a Tesla Cybercab demonstration appeared at the Texas Gigafactory.

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