Inflation and rate path
January headline CPI rose 2.4% from a year earlier, below the 2.5% forecast and 2.7% prior reading. Later, Goolsbee said services inflation remained high and further rate cuts required more inflation progress.
Feb 13, 2026 · QQQ/SPY Market Review · 57 headlines
CPI rebound fades into a flat QQQ finish as SPY slips 0.05%
QQQ finished essentially flat while SPY fell 0.05%, leaving QQQ ahead by 0.05 percentage points. A softer headline CPI reading, later Fed commentary, AI capital-market developments and an expanded Microsoft cloud and AI probe framed the day.
Published
- QQQ
- +0.00%
- SPY
- -0.05%
- QQQ − SPY
- +0.05%
What shaped the session
AI capital and regulation
Anthropic was reported to be preparing for a possible IPO, and an Nvidia-leased data center completed a $3.8 billion bond offering. The FTC also intensified its Microsoft cloud and AI probe by questioning competitors.
Key news
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