Jul 15, 2026 · QQQ/SPY Market Review · 45 headlines
QQQ opened 0.60% above its previous close but was down 0.32% by 4:00 a.m. ET on July 16. SPY moved from a 0.33% regular-open gain to a 0.38% advance, leaving SPY 0.70 points ahead. June PPI rose 5.5% year over year, below the 6.2% forecast and prior 6.5%. Fed officials still called inflation too high and said one month of CPI and PPI did not make a trend. U.S. strike and blockade updates kept Iran and shipping risks in view. Tech news included China approval for Apple Intelligence, limited H200 shipments, and Taiwan Semiconductor earnings above estimates. Prices after 8:00 p.m. ET were carried, not new trades.
Published Updated
June producer prices rose 5.5% from a year earlier, below the 6.2% forecast and the prior 6.5%. Williams said inflation remained too high, while Cook described policy as mildly restrictive and said a single month of CPI and PPI data did not make a trend.
CENTCOM said U.S. forces had redirected two vessels after restarting a blockade of Iranian ports. Later updates described a second wave of U.S. strikes and a disabled vessel in the Arabian Gulf.
Apple Intelligence received approval for a China rollout using Alibaba’s Qwen model. A U.S. official described approved H200 shipments to China as limited, while Taiwan Semiconductor reported quarterly earnings and sales above estimates.
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