QQQ falls more than SPY amid Cook's warning and Australia's overnight rate hike

At the last fresh prices at 20:00 ET, QQQ was down 1.00% and SPY was down 0.72% from the prior regular close. Both opened lower, and QQQ's deeper regular-session drop left SPY ahead by 0.28 percentage points. Cook described inflation pressure from AI investment and the Middle East, while Iranian and U.S. officials gave opposing accounts of Hormuz access. Nvidia's larger buyback and AMD's World Labs deal added technology context. Australia's central bank raised rates overnight, after fresh QQQ/SPY prices ended.