QQQ holds a 0.34-point edge amid Iran and trade headlines

QQQ finished 0.66% above its previous close and SPY gained 0.33%, leaving QQQ ahead by 0.34 percentage points. Both opened higher at 0.66% and 0.57%, but SPY gave back part of its opening advance while QQQ held nearly all of it. The New York Empire State Manufacturing Index was -16 versus -5.9 expected. Middle East reports alternated between barriers to negotiations and renewed military escalation, with mixed moves after the selected headlines. Trade developments included conditional EU acceptance of a 10% U.S. tariff and a later U.S.-UK agreement.