Manufacturing data and session gains
December ISM manufacturing PMI was 47.9 versus 48.3 expected. QQQ and SPY both remained above their previous closes, with QQQ finishing 0.08 percentage points ahead.
Jan 5, 2026 · QQQ/SPY Market Review · 44 headlines
QQQ opened the regular session 0.60% above its previous close and stood 0.70% higher by 4:00 a.m. ET the next day. SPY opened 0.20% higher and ended the period up 0.62%, leaving QQQ ahead by 0.08 percentage points. December ISM manufacturing PMI came in at 47.9 versus 48.3 expected. AI hardware headlines included planned 60%-70% server DRAM price increases and Nvidia's Alpamayo and Rubin roadmap. Venezuela coverage focused on planned U.S. talks with oil executives and possible support for rebuilding the country's energy infrastructure.
Published
December ISM manufacturing PMI was 47.9 versus 48.3 expected. QQQ and SPY both remained above their previous closes, with QQQ finishing 0.08 percentage points ahead.
Samsung Electronics and SK Hynix reportedly planned 60%-70% sequential server DRAM price increases for the first quarter of 2026. Nvidia announced its Alpamayo model and said Rubin-based products were scheduled for the second half of 2026.
The United States was reported to be planning talks with oil executives about reviving Venezuela's energy sector. Trump later said the United States was not at war with Venezuela and might subsidize reconstruction by oil companies.
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