Chip trade policy
U.S. export restrictions on Nvidia and AMD chips were reported to be easing, while SMIC said Chinese demand was replacing foreign suppliers.
Aug 8, 2025 · QQQ/SPY Market Review · 39 headlines
Nvidia trade context accompanies QQQ's 1.19% advance
QQQ opened 0.21% above the prior close and finished up 1.19%, while SPY moved from a 0.29% opening gain to a 1.00% advance. QQQ led by 0.18 percentage points. Both funds climbed during the regular session and added gains after the close. Chip-export policy, a reported U.S.-Russia truce plan for Ukraine, tariff-related corporate pressure and Federal Reserve commentary provided the day's main news context.
Published
- QQQ
- +1.19%
- SPY
- +1.00%
- QQQ − SPY
- +0.18%
What shaped the session
Ukraine truce talks
A report said the United States and Russia were planning a Ukraine truce arrangement that could freeze the front line and preserve Russian territorial gains.
Tariffs and Fed policy
Under Armour reported weaker results amid tariff pressure, while Fed official Alberto Musalem said most tariff inflation may fade but could persist.
Key news
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