SPY outperforms as QQQ retreats 1.47% amid Venezuela and chip updates

QQQ opened 0.31% higher and finished down 1.47%. SPY opened 0.26% higher and ended down 0.89%, leaving SPY ahead by 0.58 percentage points. Venezuela oil restrictions, Fed policy remarks, China's AI-chip program, and Micron's fiscal Q1 revenue and spending plans provided the main context. The largest measured 15-minute move among the selected updates followed the China-chip report, when QQQ fell 0.48% and SPY declined 0.29%. Several oil-inventory releases also arrived during the same period.