Mar 8, 2026 · QQQ/SPY Market Review · 14 headlines

Iran war and oil above $100 frame Sunday alongside China price data

U.S. markets were closed for the weekend, leaving QQQ and SPY unchanged from Friday's close. Iran remained central as reports covered buried uranium access, Mojtaba Khamenei's appointment as leader and Trump's stance on the conflict. Nearly closed shipping lanes, full storage tanks, idle tankers and producer cuts accompanied oil above $110 per barrel. Later releases showed China's consumer prices down 0.9% from a year earlier and producer prices up 1.3%, while Nvidia expanded OpenAI capacity on AWS alongside a confirmed $30 billion investment.

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