QQQ outpaces a flat SPY as tariff signals meet Dallas Fed and AI updates

QQQ opened 0.24% above its previous close and finished up 0.48%, while SPY opened 0.06% higher and ended essentially flat at 0.04%. The day included a proposed 15% to 20% global tariff range, stronger Dallas Fed business conditions, Microsoft and META AI product developments, and U.S.-China talks scheduled to resume Tuesday.