Jun 14, 2026 · QQQ/SPY Market Review · 8 headlines
U.S. markets remained closed Sunday, leaving QQQ and SPY at Friday's regular closes of $721.27 and $741.63. Trump said the U.S.-Iran agreement was complete, and a later flash cited 14 memorandum terms and plans to reopen the Strait of Hormuz. Technology news included a quantified SpaceX space-computing roadmap, further Anthropic policy developments, a French-wine tariff threat tied to U.S. tech taxes, and a reported U.K. social-media restriction.
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Trump first called for restraint after strikes in Lebanon and said an Iran agreement was very close. He later declared the agreement complete, while a subsequent flash cited Iranian-media publication of 14 memorandum terms and plans to reopen the Strait of Hormuz.
A report said Anthropic-related export curbs were unlikely to extend to rival AI companies, and the European Commission later responded to the access restrictions. Separately, SpaceX outlined targets of 1 GW annualized space-AI deployment by end-2027 and 100 GW by 2030.
Trump threatened 100% tariffs on French wine unless France removed a tax affecting major U.S. technology firms. A separate report said the United Kingdom would ban social-media use by people under 16.
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