Jan 15, 2026 · QQQ/SPY Market Review · 63 headlines
QQQ opened 0.93% higher and finished up 0.51%. SPY opened 0.42% higher and ended up 0.37%, leaving QQQ ahead by 0.14 percentage points. The Philadelphia Fed manufacturing index reached 12.6 against a -1.6 estimate, while initial jobless claims were 198,000 versus 215,000 expected. OpenAI agreed to procure 750 megawatts of computing power from Cerebras through 2028. Trump said he had no immediate plan to dismiss Powell and would announce a Fed-chair successor within weeks. He also delayed critical-minerals tariffs and directed talks with trading partners.
Published
The Philadelphia Fed manufacturing index was 12.6 against a -1.6 estimate, and initial jobless claims were 198,000 versus 215,000 expected. In the 15 minutes after the claims release, QQQ rose 0.13% and SPY gained 0.08%, with 11 nearby headlines.
OpenAI agreed to procure 750 megawatts of computing power from Cerebras through 2028. In the next 15 minutes, QQQ rose 0.10% and SPY gained 0.04%, with one nearby headline.
Trump said he had no immediate plan to dismiss Powell and would announce a Fed-chair successor within weeks. He also delayed critical-minerals tariffs and directed talks with trading partners. In the 15 minutes after the tariff headline, QQQ and SPY each rose about 0.02%, with two nearby headlines.
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