QQQ and SPY climb more than 1% as resilient hiring and AI earnings set the pace

QQQ opened 0.99% higher and finished up 1.14%, while SPY moved from a 0.95% opening gain to a 1.13% advance. QQQ led by 0.02 percentage points. Payroll growth beat forecasts, wage growth was firm, and calls for lower rates remained prominent. Broadcom's AI revenue growth and plans for U.S.-China talks in London added technology and trade-policy context.