Dec 7, 2025 · QQQ/SPY Market Review · 12 headlines
U.S. markets were closed on Sunday, leaving QQQ and SPY at Friday's closing levels. Japan's third-quarter GDP contracted at a 2.3% annualized rate, while its GDP price index rose 3.4% year over year. President Trump was reported to be preparing $12 billion in tariff-related farmer aid. In semiconductors, Samsung was expected to retake the global DRAM revenue lead in the fourth quarter, and AI-chip demand was reported to be pushing TSMC to expand and outsource more CoWoS packaging.
Published
Japan's preliminary third-quarter GDP contracted at a 2.3% annualized rate versus a 2.0% estimated decline, while its GDP price index rose 3.4% year over year versus 2.8% expected. Germany's October industrial production increased 1.8% month over month versus 0.2% expected.
President Trump was reported to be preparing a $12 billion Farmer Bridge Assistance package for farmers affected by tariffs. Treasury Secretary Scott Bessent forecast 3% real GDP growth for the year and described holiday consumer spending as very strong.
Samsung was expected to surpass SK Hynix and reclaim the global DRAM revenue lead in the fourth quarter. Demand from Nvidia, Google, Amazon and MediaTek was reported to be straining TSMC's CoWoS packaging capacity, prompting expansion and more partner outsourcing.
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