Apr 25, 2026 · QQQ/SPY Market Review · 8 headlines

Weekend headlines center on White House security, Hormuz rules and AI spending

U.S. markets were closed, so QQQ and SPY remained at Friday's regular-session closes. Reports said President Trump was evacuated after gunfire at the White House Correspondents' Dinner, and the Secret Service later said one person was in custody. Trump canceled envoys' travel for Iran talks, while Iran outlined new permission and fee rules for vessels passing through the Strait of Hormuz. Corporate headlines included higher ServiceNow customer spending amid AI concerns and Tesla China revenue above 28.6 billion but below the prior-year period.

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