Jan 7, 2026 · QQQ/SPY Market Review · 47 headlines

QQQ edges higher while SPY slips amid labor data, services growth and AI deals

QQQ opened 0.12% below its previous close and ended up 0.13%. SPY opened essentially flat and finished down 0.25%, leaving QQQ ahead by 0.38 percentage points. December ADP employment rose by 41,000 versus a 49,000 forecast after a 32,000 decline. November JOLTS openings were 7.146 million versus 7.61 million estimated. The December ISM services PMI climbed to 54.4, its highest since October 2024. China instructed technology companies to pause Nvidia H200 orders, while Anthropic was reported to be seeking 10 billion dollars at a 350 billion dollar valuation.

Published

QQQ
+0.13%
SPY
-0.25%
QQQ − SPY
+0.38%

Loading the full-day price curve…