Policy shifts and U.S. tech investment frame QQQ's 1.38% rebound

QQQ rose 1.38% and SPY gained 0.90%, putting technology-heavy QQQ ahead by 0.48 percentage points. Most of the advance came during the regular session. Daly said policy adjustments may be needed as the labor market softened, while an additional tariff on Indian goods, a proposed chip tariff with a U.S.-investment exemption, and Apple's expanded domestic investment shaped the policy and technology backdrop.