QQQ gains 1.67% as Greenland de-escalation and Fed headlines frame the rebound

QQQ opened 0.24% below its previous close and finished up 1.67%. SPY opened 0.15% lower and ended up 1.38%, leaving QQQ ahead by 0.29 percentage point. Greenland tensions eased as Trump ruled out force and later announced an agreement framework while withdrawing tariffs scheduled for February 1. December pending home sales fell 9.3% from the prior month versus a 0.3% expected decline. Supreme Court arguments over the attempted removal of Fed Governor Lisa Cook and a narrowing Fed-chair shortlist kept central-bank leadership in view. OpenAI's reported talks for a $50 billion funding round extended the day's AI capital theme.