Mar 9, 2026 · QQQ/SPY Market Review · 44 headlines
QQQ and SPY opened 0.92% and 0.89% below their previous closes, then reversed higher. They ended regular trading up 1.33% and 0.88%. An after-hours pullback left final gains of 0.89% and 0.44%, with QQQ ahead by 0.45 percentage points. The G7 said it was ready to support energy supply, while later U.S. statements covered the Iran timetable, Hormuz, oil-sanctions waivers and naval escorts. Tech updates included Apple's higher foldable-iPhone supply target, Microsoft's $99 E7 suite and Anthropic's lawsuit. Japan's annualized fourth-quarter GDP later came in at 1.3% versus 0.2% expected, while U.K. retail sales missed estimates.
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Both ETFs opened nearly 0.9% below their previous closes, then advanced through regular trading. QQQ finished the period 0.45 percentage points ahead of SPY as Apple raised its foldable-iPhone supply target and Microsoft introduced its E7 suite.
The G7 said it stood ready to support energy supply, including through stockpile releases. Later reports covered the Iran-war timetable, possible U.S. control of Hormuz, oil-sanctions waivers and future naval escorts for shipping.
Japan's fourth-quarter GDP price index rose 3.4% from a year earlier, matching estimates. Annualized real GDP grew 1.3% versus 0.2% expected and a 2.3% prior decline, while U.K. retail sales rose 0.7% versus 2.0% expected.
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