Aug 3, 2025 · QQQ/SPY Market Review · 7 headlines

Sunday pause leaves oil supply, trade policy and Big Tech AI in focus

U.S. markets were closed Sunday, so QQQ and SPY carried Friday's regular closing values. OPEC+ outlined a September output increase, U.S. tariff rates for dozens of countries were largely finalized, and Trump said Fed governor and BLS commissioner choices would follow. Apple reportedly formed an answer-engine team, while Meta planned a nearly $2 billion data-center asset sale to fund AI development.

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