Mixed U.S. data
The New York manufacturing index came in at -0.20 against a 4.00 estimate. Industrial production rose in February, and the NAHB housing index reached 38 against a 37 estimate.
Mar 16, 2026 · QQQ/SPY Market Review · 83 headlines
QQQ finished 1.09% above the previous close and SPY gained 0.98%, with most of the advance already present at the regular-session open. Trading then stayed comparatively steady. The New York manufacturing index missed its estimate, while U.S. industrial production rose and the housing index edged above expectations. Oil-supply coordination and fresh Iran threats kept Hormuz risk in focus. Nvidia's seven-chip production announcement added a technology theme, while QQQ ended 0.11 percentage points ahead of SPY.
Published
The New York manufacturing index came in at -0.20 against a 4.00 estimate. Industrial production rose in February, and the NAHB housing index reached 38 against a 37 estimate.
The IEA coordinated member oil releases as Iran threatened energy facilities in countries used for a U.S. attack. Nvidia separately said seven Vera Rubin platform chips were in production.
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