Mega-cap earnings
Apple and Amazon both beat reported earnings and sales estimates, with the largest measured rebounds in this set appearing after their releases.
Oct 30, 2025 · QQQ/SPY Market Review · 51 headlines
QQQ and SPY rebound after hours alongside Apple and Amazon earnings
QQQ and SPY ended 0.39% and 0.42% below their previous closes after after-hours gains recovered part of deeper regular-session losses. Apple and Amazon both reported earnings above estimates, while Treasury Secretary Scott Bessent addressed the Fed's rate cut and U.S. control of critical supply chains.
Published
- QQQ
- -0.39%
- SPY
- -0.42%
- QQQ − SPY
- +0.03%
What shaped the session
Rates and supply-chain policy
Bessent said a 25-basis-point cut did not go far enough and separately outlined U.S. control of rare-earth, semiconductor and shipbuilding supply chains.
Key news
Loading the full-day price curve…