Housing data
The August NAHB Housing Market Index came in at 32 versus 34 expected, while both ETFs ended the day nearly unchanged.
Aug 18, 2025 · QQQ/SPY Market Review · 30 headlines
QQQ finished essentially flat, down 0.01%, while SPY edged up 0.02% and led by 0.02 percentage points. The August NAHB Housing Market Index missed its estimate. Microsoft opened an urgent probe into reported military use of its technology, Oracle selected GPT-5 for SaaS applications, and a reported potential U.S. government stake in Intel kept technology policy in focus. A White House meeting on Ukraine added a geopolitical backdrop, while S&P maintained the U.S. AA+ sovereign rating late Monday.
Published
The August NAHB Housing Market Index came in at 32 versus 34 expected, while both ETFs ended the day nearly unchanged.
Microsoft's urgent probe, Oracle's GPT-5 integration, and a reported discussion of a 10% U.S. government stake in Intel kept technology governance and industrial policy prominent.
The White House meeting with President Zelenskiy and the possibility of a trilateral meeting added a geopolitical element to an otherwise quiet market finish.
S&P maintained the United States' AA+ sovereign rating, citing tariff revenue as an offset to fiscal pressure from deficits and federal legislation.
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