Jan 14, 2026 · QQQ/SPY Market Review · 58 headlines
QQQ opened 0.43% lower and finished down 1.19%. SPY opened down 0.32% and ended 0.61% lower, leaving QQQ behind by 0.57 percentage points. November PPI rose 3% year over year, above expectations, while Fed official Paulson said further rate cuts could follow if the outlook holds. U.S. personnel left Al Udeid Air Base as Iran warned of retaliation. The White House said broader semiconductor tariffs could follow a 25% levy on certain advanced chips. OpenAI signed a multibillion-dollar computing deal with Cerebras, and Taiwan Semiconductor later reported quarterly earnings and sales above estimates.
Published
November PPI rose 3% year over year, above expectations. Paulson said inflation could be running near 2% by year-end and further rate cuts remained possible if the forecast held. In the 15 minutes after the PPI headline, QQQ fell 0.07% and SPY lost 0.06%, with six nearby headlines.
U.S. personnel left Al Udeid Air Base as Iran warned that U.S. bases could be targeted if Iran were attacked. The White House later said broader chip tariffs could follow a 25% levy on certain advanced chips. In the next 15 minutes after the Iran report, QQQ rose 0.24% and SPY gained 0.16%, with no nearby headlines.
OpenAI signed a multibillion-dollar computing agreement with Cerebras. Taiwan Semiconductor later reported earnings and sales above estimates. In the next 15 minutes after the OpenAI headline, QQQ rose 0.24% and SPY gained 0.13%, with no nearby headlines. Post-headline bars were unavailable for Taiwan Semiconductor.
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