Tariff and inflation pressure
EU retaliation plans, softer household labor expectations, Waller's inflation scenario and new Section 232 probes kept tariff and rate risks in focus.
Apr 14, 2025 · QQQ/SPY Market Review · 17 headlines
Early surge fades, leaving SPY ahead amid tariff and rate concerns
QQQ rose 0.19% and SPY gained 0.55%, leaving SPY ahead by 0.36 percentage points after both surrendered most of their opening gains. New York Fed survey signals and Waller's tariff-inflation warning set a cautious macro backdrop, while new Section 232 probes and U.S. AI-manufacturing plans shaped the technology picture.
Published
- QQQ
- +0.19%
- SPY
- +0.55%
- QQQ − SPY
- -0.36%
What shaped the session
U.S. AI manufacturing
Nvidia and AMD outlined U.S. production steps spanning AI supercomputers, servers and advanced chips from TSMC's Arizona facility.
Key news
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