Relative performance and housing data
QQQ retained its 0.47% opening gain while SPY eased to a 0.18% advance. February pending home sales rose 1.8% against an expected 0.6% decline.
Mar 17, 2026 · QQQ/SPY Market Review · 68 headlines
QQQ finished 0.47% above the previous close, while SPY gained 0.18%. QQQ matched its opening gain, but SPY eased from a 0.49% opening advance, leaving QQQ ahead by 0.29 percentage points. February pending home sales rose 1.8% against an expected 0.6% decline. A BofA survey showed geopolitical and inflation risk displacing AI-bubble concerns, and Israel said Iran's security chief Ali Larijani had been killed. Nvidia's trillion-dollar revenue outlook and OpenAI's smaller-model launch kept AI in focus.
Published
QQQ retained its 0.47% opening gain while SPY eased to a 0.18% advance. February pending home sales rose 1.8% against an expected 0.6% decline.
A BofA fund manager survey put geopolitical and inflation risks ahead of AI-bubble concerns. Israel separately said Iran's security chief Ali Larijani had been killed in a strike.
Jensen Huang said Nvidia's forecast above $1 trillion covers only Blackwell and Rubin. OpenAI released GPT-5.4 mini and nano as lower-cost small-model options.
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