Rates and tariffs
Goolsbee described tariffs as a stagflationary impulse, Williams reaffirmed the 2% inflation target, and Trump later signaled flexibility on China tariffs.
Mar 21, 2025 · QQQ/SPY Market Review · 30 headlines
QQQ turns a 1.07% opening gap into a 0.49% gain as SPY slips 0.09%
QQQ rose 0.49% while SPY slipped 0.09%, leaving QQQ ahead by 0.58 percentage points after both opened about 1.1% lower. Fed commentary, tariff signals and AI chip demand framed a regular-session rebound that was stronger in QQQ.
Published
- QQQ
- +0.49%
- SPY
- -0.09%
- QQQ − SPY
- +0.58%
What shaped the session
AI chip demand
Micron reported HBM sales above $1 billion and expected shortages in 2025, keeping AI memory demand in focus.
Key news
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