Jun 28, 2025 · QQQ/SPY Market Review · 4 headlines
U.S. markets were closed for the weekend, leaving QQQ and SPY at Friday's closing levels. Senate Republicans released a revised $4.2 trillion tax plan with changes to SALT deductions, Medicaid and clean-energy provisions. The Senate then narrowly advanced the bill in a procedural vote ahead of a final vote expected on Monday. In technology news, Meta reportedly recruited four OpenAI researchers, while a Meta executive disputed OpenAI's claim about $100 million signing bonuses.
Published
Senate Republicans released a revised $4.2 trillion plan with compromises on SALT deductions, Medicaid and clean-energy provisions. The Senate later passed a procedural vote to advance the bill toward a final vote expected on Monday.
Meta reportedly recruited four prominent AI researchers from OpenAI, including the head of its perception team. Separately, a Meta executive rejected Sam Altman's claim that Meta offered $100 million signing bonuses to recruit OpenAI researchers.
Loading the full-day price curve…
