Jobs data and policy headlines frame a broad 1.5% rise

QQQ rose 1.50% and SPY gained 1.50%, leaving the two ETFs virtually tied after opening up 1.00% and 1.11%. Stronger-than-expected U.S. payroll growth, European data, energy-supply headlines, and technology policy and product developments framed the session. Both ETFs reached their highs near 14:38 ET before finishing below those peaks.