U.S. growth data and chip news accompany a 0.69% QQQ advance

QQQ opened 0.88% higher and finished up 0.69%. SPY opened and ended 0.57% higher, leaving QQQ ahead by 0.12 percentage point. U.S. third-quarter GDP grew 4.4% versus 4.3% expected, initial claims were 200,000 versus 210,000 expected, and core PCE matched forecasts at 2.9%. Alibaba and peers pursued chip-business listings, while Intel guided first-quarter adjusted EPS to $0.00 and sales to $11.7 billion to $12.7 billion. The European Parliament planned to resume consideration of the EU-U.S. trade agreement after the tariff threat was lifted, and Tesla launched a paid driverless Robotaxi service in Austin.