Official U.S. CPI releaseFri, Apr 10March 2026
QQQ / SPY · Complete month
April 2026
Replay April 2026 through QQQ/SPY closing paths, intraday turns, recurring news themes, and every daily curve.
- Review days
- 30
- Trading days
- 21
- News
- 1,176
- Recurring news themes
- 6
Apr 1, 2026 — Apr 30, 2026
Monthly performance
QQQ ended at +15.67% and SPY at +10.47% from the previous regular close before the month.
Monthly change runs from the final trading-day close before the month to the final trading-day close of the month. Each point on the chart is a trading-day close.
Sessions worth replaying
Strongest QQQ sessionStrongest SPY session
QQQ rises 2.71% amid ceasefire relief, fresh Iran strains and Fed crosscurrents
QQQ opened 3.41% higher and finished up 2.71%. SPY opened up 2.60% and ended 2.35% higher, leaving QQQ ahead by 0.36 percentage points. Conditional plans to reopen the Strait of Hormuz supported the relief backdrop, while reports that the strait remained closed, a narrower ceasefire scope and new tariff threats kept geopolitical and energy-route risk active. The Fed minutes added a two-sided rate-policy signal. Most selected headlines were followed by measured moves of less than 0.10% over the next 15 minutes.
3 session driversHormuz access signals5 key headlinesSenior Iranian Official Speaking To Reuters Says That Iran May Open Strait Of Hormuz On Thursday Or Friday If A Ceasefire Agreement Is Made Before U.S. Meeting In Pakistan
Regular session · Close 16:00 ET
QQQ+2.94%
SPY+2.53%
Weakest QQQ session
QQQ drops 0.73% and trails SPY with Hormuz, policy and AI infrastructure in view
QQQ improved from a 1.01% opening decline to finish 0.73% lower, while SPY moved from a 0.47% opening loss to a 0.38% decline. SPY led by 0.35 percentage points. The day included shifting Hormuz signals, firmer U.S. consumer confidence, expanded AWS-OpenAI ties and new U.S. restrictions on chip-equipment shipments to Hua Hong.
4 session driversHormuz and oil policy6 key headlinesTrump says Iran reported a state of collapse and wants the Strait of Hormuz reopened quickly
Regular session · Close 16:00 ET
QQQ-1.00%
SPY-0.49%
Weakest SPY session
QQQ holds a gain while SPY slips as Iran reversals, Fed reform and AI spending shape the day
QQQ opened 0.24% above its previous close and finished up 0.11%. SPY opened 0.22% higher but finished down 0.24%, leaving QQQ ahead by 0.35 percentage points. Both fell during the regular session before recovering after hours. Overnight prices were carried because no new public trades were available. Iran ceasefire and blockade headlines shifted repeatedly. Strong retail sales, Warsh policy-reform signals, and AI spending supplied additional context.
3 session driversIran and trade-policy risk5 key headlinesTrump extends the Iran ceasefire while maintaining the maritime blockade
Regular session · Close 16:00 ET
QQQ-0.39%
SPY-0.64%
Largest QQQ–SPY divergence
QQQ gains 1.85% as chip earnings, consumer strain and Hormuz risk share the session
QQQ opened 1.09% above the prior close, gained another 0.83 percentage points during regular trading, then eased 0.07 points after hours to finish up 1.85%. SPY opened 0.32% higher and ended up 0.78%, leaving QQQ ahead by 1.06 points. Intel reported better-than-expected first-quarter results and second-quarter guidance, while Google committed $10B to Anthropic with another $30B conditional on performance. Michigan sentiment fell to 49.8 as one-year inflation expectations rose to 4.7%. Iran oil flows and an IEA warning kept Hormuz supply risk in focus.
3 session driversChips and AI capital5 key headlinesIEA Chief Warns Of 'Biggest Energy Security Threat In History' As Hormuz Crisis Deepens: 'Getting Worse Every Day'
Regular session · Close 16:00 ET
QQQ+1.92%
SPY+0.78%
Strongest intraday rebound
Iran ceasefire progress accompanies a late surge as QQQ outpaces SPY
QQQ rose 2.83% and SPY gained 2.23%, with technology ahead by 0.60 percentage points after both ETFs opened lower. Late reports said Trump agreed to suspend attacks on Iran for two weeks, Iran-U.S. talks would begin on April 10, and the Strait of Hormuz could remain safely navigable during that period. Earlier data showed private employers adding an average 26,000 jobs per week, headline durable-goods orders falling 1.4%, and core orders rising 0.8%. One-year inflation expectations increased to 3.4%, while higher EIA oil-price forecasts and Fed comments kept inflation risk in focus. Intel, Anthropic, Apple, Microsoft and Nvidia supplied a separate AI and semiconductor theme.
4 session driversIran ceasefire and Hormuz5 key headlinesExpress News | Trump: Agreed to a two-week suspension of bombings and attacks on Iran
Regular session · Close 16:00 ET
QQQ+0.03%
SPY+0.05%
Calmest session
SPY gains 0.33% and edges QQQ amid soft Dallas Fed data, AI deal shifts and Iran talks
SPY recovered from a 0.11% opening decline to finish 0.33% higher, while QQQ moved from a 0.07% opening loss to a 0.22% gain. SPY led by 0.11 percentage points. The day included a weaker Dallas Fed manufacturing reading, a Domino’s earnings miss, looser Microsoft-OpenAI ties and further U.S.-Iran disagreement over negotiations.
4 session driversMacro and consumer signals6 key headlinesDallas Fed Mfg Business Index For April -2.3 Vs -0.2 Prior
Regular session · Close 16:00 ET
QQQ+0.06%
SPY+0.17%
Busiest news day
QQQ leads as firm data meets Iran risk and chip investment
QQQ gained 1.16% and SPY rose 0.68%, leaving technology ahead by 0.48 percentage points. Retail sales and ADP data showed resilience, while Iran ceasefire and NATO headlines coincided with sharp intraday swings. TSMC's Japan expansion and Federal Reserve commentary added chip and rate context.
4 session driversResilient U.S. data6 key headlinesExpress News | US February Retail Sales MoM +0.6% Vs +0.5% Forecast, Prior -0.2%
Regular session · Close 16:00 ET
QQQ+1.23%
SPY+0.74%
Recurring news themes
See which themes kept returning during the month and how many review days they appeared in.
01
Geopolitics
375 related news items · 30 review days
22.7%+6.0 pp vs prior 3 months
02AI
246 related news items · 28 review days
14.9%-1.4 pp vs prior 3 months
03Oil
174 related news items · 27 review days
10.5%+1.2 pp vs prior 3 months
04Semiconductors
135 related news items · 25 review days
8.2%-0.4 pp vs prior 3 months
05Tesla
71 related news items · 22 review days
4.3%+0.7 pp vs prior 3 months
06Microsoft
57 related news items · 22 review days
3.5%+0.9 pp vs prior 3 months
Topic counts are descriptive coverage measures. They do not measure price impact.
CPI
Official event-study dates
All daily reviews
Trading days show QQQ/SPY closing moves alongside the day’s news. Market-closed dates keep their news timelines.
QQQ leads as firm data meets Iran risk and chip investment
QQQ gained 1.16% and SPY rose 0.68%, leaving technology ahead by 0.48 percentage points. Retail sales and ADP data showed resilience, while Iran ceasefire and NATO headlines coincided with sharp intraday swings. TSMC's Japan expansion and Federal Reserve commentary added chip and rate context.
4 session driversResilient U.S. data6 key headlinesExpress News | US February Retail Sales MoM +0.6% Vs +0.5% Forecast, Prior -0.2%
Regular session · Close 16:00 ET
QQQ+1.23%
SPY+0.74%
Private-credit stress and shifting Hormuz signals frame a rebound from morning lows
QQQ opened down 1.77% and SPY opened down 1.35%, then both recovered to finish nearly flat at gains of 0.08% and 0.10%. Private-credit redemption stress, Federal Reserve policy comments, labor data, and shifting Hormuz headlines formed the day's main context. SPY finished ahead by 0.02 percentage points.
4 session driversLabor signal5 key headlinesA 'Lehman Moment' for private credit? Blue Owl faces an epic run on funds as 41% of investors request withdrawals.
Regular session · Close 16:00 ET
QQQ+0.12%
SPY+0.10%
Good Friday headlines turn to jobs surprise and Hormuz pressure
U.S. markets were closed for Good Friday, so QQQ and SPY had no regular-session move. March payrolls rose by 178,000 versus a 60,000 forecast, while the services PMI fell to 49.8 and entered contraction for the first time in three years. Hormuz pressure remained prominent, alongside Microsoft's $10 billion AI investment plan for Japan.
4 session driversLabor strength4 key headlinesExpress News | US Mar. Non-Farm Payrolls +178000 Vs +60000 Forecast, Prior -133000; US Mar. Unemployment Rate 4.3% Vs 4.4% Forecast, Prior 4.4%
Market closed · No intraday price curve
Iran deadline dominates Saturday as subprime delinquencies reach an 11-year high
U.S. markets were closed for the weekend, so QQQ and SPY had no regular-session move. Trump gave Iran 48 hours to reopen the Strait of Hormuz by April 6 and threatened strikes on Iranian power plants, while Iran's military said it would make aggressors pay. A second F-15 crew member was rescued, and U.S. subprime delinquencies reached 10%, an 11-year high.
3 session driversIran deadline4 key headlinesTrump Issues 48-Hour Ultimateum to Iran Before 'All Hell' Will Rain Down
Market closed · No intraday price curve
Ceasefire efforts and energy costs share Sunday focus with AI hardware demand
U.S. markets were closed for the weekend, leaving QQQ and SPY unchanged from Thursday's close. Mediators pursued terms for a possible 45-day U.S.-Iran ceasefire, although analysts saw little chance of a partial deal within 48 hours. The war's energy burden remained visible in higher U.S. fuel costs and an IMF warning about pressure on the global economy. Separately, Samsung's DRAM pricing and Foxconn's nearly 30% revenue growth reflected continued AI hardware demand.
3 session driversEnergy-war strain5 key headlinesIran War Has Cost U.S. Drivers an Extra $8.4 Billion, or $240 Million Per Day
Market closed · No intraday price curve
QQQ and SPY edge higher amid Hormuz talks, services inflation and AI deals
QQQ gained 0.35% and SPY rose 0.32%, leaving technology ahead by only 0.03 percentage points. A Pakistan-backed ceasefire framework and Iraq's potential 3.4 million-barrel-per-day export restoration offered diplomatic and supply relief, while Iran's 10-point response showed that terms remained contested. The ISM services index eased to 54 as prices paid reached the highest level since October 2022, and later Fed remarks leaned toward tighter policy. Broadcom's long-term TPU agreement with Google and expanded Anthropic collaboration added a separate AI infrastructure theme.
3 session driversHormuz diplomacy and supply6 key headlinesReuters Reported Earlier, U.S. Iran Received Framework Agreement From Pakistan To End Hostilities, Reopen Strait Of Hormuz; Agreement Could Take Effect Monday
Regular session · Close 16:00 ET
QQQ+0.61%
SPY+0.46%
Iran ceasefire progress accompanies a late surge as QQQ outpaces SPY
QQQ rose 2.83% and SPY gained 2.23%, with technology ahead by 0.60 percentage points after both ETFs opened lower. Late reports said Trump agreed to suspend attacks on Iran for two weeks, Iran-U.S. talks would begin on April 10, and the Strait of Hormuz could remain safely navigable during that period. Earlier data showed private employers adding an average 26,000 jobs per week, headline durable-goods orders falling 1.4%, and core orders rising 0.8%. One-year inflation expectations increased to 3.4%, while higher EIA oil-price forecasts and Fed comments kept inflation risk in focus. Intel, Anthropic, Apple, Microsoft and Nvidia supplied a separate AI and semiconductor theme.
4 session driversIran ceasefire and Hormuz5 key headlinesExpress News | Trump: Agreed to a two-week suspension of bombings and attacks on Iran
Regular session · Close 16:00 ET
QQQ+0.03%
SPY+0.05%
QQQ rises 2.71% amid ceasefire relief, fresh Iran strains and Fed crosscurrents
QQQ opened 3.41% higher and finished up 2.71%. SPY opened up 2.60% and ended 2.35% higher, leaving QQQ ahead by 0.36 percentage points. Conditional plans to reopen the Strait of Hormuz supported the relief backdrop, while reports that the strait remained closed, a narrower ceasefire scope and new tariff threats kept geopolitical and energy-route risk active. The Fed minutes added a two-sided rate-policy signal. Most selected headlines were followed by measured moves of less than 0.10% over the next 15 minutes.
3 session driversHormuz access signals5 key headlinesSenior Iranian Official Speaking To Reuters Says That Iran May Open Strait Of Hormuz On Thursday Or Friday If A Ceasefire Agreement Is Made Before U.S. Meeting In Pakistan
Regular session · Close 16:00 ET
QQQ+2.94%
SPY+2.53%
A modest advance accompanies softer U.S. data, constrained Hormuz traffic and AI infrastructure news
QQQ rose 0.55% and SPY gained 0.48%, leaving QQQ ahead by 0.06 percentage points. U.S. releases showed core PCE inflation matching forecasts while GDP and personal spending missed estimates and jobless claims exceeded forecasts. Hormuz shipping remained constrained despite the first non-Iranian tanker transit since the ceasefire. AI infrastructure news included Amazon's revenue disclosures, a CoreWeave-Meta agreement and Maine's proposed data-center moratorium.
3 session driversMixed U.S. macro data5 key headlinesU.S. core PCE inflation was +3.00% year over year in February, matching forecasts
Regular session · Close 16:00 ET
QQQ+0.65%
SPY+0.57%
Inflation data, Iran negotiations and AI security frame a QQQ-led gain
QQQ rose 0.38% and SPY gained 0.11%, leaving QQQ ahead by 0.27 percentage points. March headline CPI was 3.3% year over year versus a 3.4% forecast, while core CPI rose 0.2% month over month versus 0.3% expected. University of Michigan consumer sentiment fell to a record-low 47.6 as inflation expectations increased. Iran headlines combined a 24-hour negotiating deadline and a warning of force with the arrival of a delegation for conditional peace talks, while Hormuz traffic remained sparse. AI news included Taiwan Semiconductor's 35.1% first-quarter revenue growth and discussions between U.S. officials and major banks about Anthropic's Mythos cyber threat.
3 session driversInflation and consumer confidence6 key headlinesExpress News | US Mar. CPI YoY +3.3% Vs +3.4% Forecast, Prior +2.4%
Regular session · Close 16:00 ET
QQQ+0.14%
SPY-0.09%
Markets close for the weekend as U.S.-Iran talks fail and regional risks widen
U.S. markets were closed, leaving QQQ and SPY at their prior regular-session closes. The record moved from a White House denial of asset unfreezing and the start of indirect talks to a final report of no agreement after 21 hours. Trump also said all 28 Iranian mine-laying boats had sunk and clearance of Hormuz was beginning, then warned China over a reported plan to supply Iran with anti-air missiles.
3 session driversU.S.-Iran negotiation outcome5 key headlinesUS-Iran Talks Collapse After 21 Hours, Vance Reportedly Warns It's 'Bad News For Iran'
Market closed · No intraday price curve
Markets close as Hormuz restrictions, Iran strike risks, and diplomacy dominate
U.S. markets were closed, leaving QQQ and SPY at their prior regular-session closes. Weekend reporting focused on a U.S. plan to restrict ships entering or leaving Iranian ports from April 13 at 10:00 a.m. ET, after military clarification that non-Iranian traffic could still pass through Hormuz. Saudi Arabia restored its East-West pipeline to about 7 million barrels per day, while reports of possible limited strikes were countered by UK resistance to joining the blockade and fresh calls for diplomacy.
3 session driversHormuz restrictions and energy flows6 key headlinesTrump Claimed a Full Hormuz Blockade, but U.S. Military Said Only Iranian Ports Would Be Blocked
Market closed · No intraday price curve
QQQ and SPY rebound as Iran diplomacy, oil risks and U.S. data share focus
QQQ rose 1.21% and SPY gained 1.03% after both opened below their prior closes, leaving QQQ ahead by 0.18 percentage points. Oil climbed 7% as the U.S. blockade of Iranian ports raised supply concerns, while later details clarified exemptions. OPEC reported a 7.88 million-barrel-per-day output decline. March existing-home sales were 3.98 million versus 4.07 million expected, and an OpenAI memo contrasted constraints from Microsoft with strong demand through AWS.
3 session driversBroad session rebound5 key headlinesOil Prices Surge 7% After Trump's Naval Blockade Threatens Supply: USO, BNO ETFs Spike
Regular session · Close 16:00 ET
QQQ+1.02%
SPY+0.96%
QQQ gains 1.87% as rate signals, Iran talks and technology updates unfold
QQQ rose 1.87% and SPY gained 1.24%, with QQQ finishing 0.63 percentage points ahead. Both opened above their prior closes and advanced most during regular trading. March producer prices rose 4.0% year over year and 0.5% month over month, below expectations. Goolsbee warned that gasoline staying at $5 could unanchor inflation expectations, while Warsh's Fed-chair confirmation hearing was set for April 21. Iran talks remained possible, and Amazon's Globalstar agreement and ASML's mixed outlook broadened the technology news.
4 session driversBroad regular-session advance6 key headlinesU.S. March PPI Rose 4.0% Year Over Year and 0.5% Month Over Month
Regular session · Close 16:00 ET
QQQ+1.81%
SPY+1.21%
QQQ leads a broad advance amid rate signals, Hormuz diplomacy and AI developments
QQQ gained 1.55% and SPY rose 0.89%, leaving QQQ ahead by 0.66 percentage points. Import prices and comments about future Fed leadership kept rates and inflation in focus, while Hormuz diplomacy and Tesla's AI5 chip milestone provided additional context.
3 session driversRates and inflation4 key headlinesUSA Import Price Index (MoM) For March 0.8% Vs 2.3% Est.
Regular session · Close 16:00 ET
QQQ+1.39%
SPY+0.77%
QQQ and SPY edge higher as mixed data, Iran diplomacy and AI demand frame the day
QQQ gained 0.45% and SPY rose 0.33%, leaving QQQ ahead by 0.12 percentage points. Conflicting manufacturing readings and Fed inflation comments kept the macro outlook unsettled, while U.S.-Iran negotiations and fresh AI demand and product news supplied additional context.
3 session driversMixed macro signals6 key headlinesPhiladelphia Fed Manufacturing Index For April 26.7 Vs 10.3 Est.
Regular session · Close 16:00 ET
QQQ+0.47%
SPY+0.23%
A roughly 1.3% advance puts Iran diplomacy, chip scarcity and Fed optionality in view
QQQ gained 1.33% and SPY rose 1.30%, leaving QQQ ahead by 0.03 percentage points. Progress in U.S.-Iran talks and mixed signals about the Strait of Hormuz framed geopolitical risk, while tight CPU supply and Daly's conditional rate guidance added technology and policy context.
3 session driversIran talks and Hormuz5 key headlinesU.S. media: The U.S. may unfreeze $20 billion in Iranian assets in exchange for Iran abandoning uranium enrichment, with the second round of talks set to begin on Sunday.
Regular session · Close 16:00 ET
QQQ+1.29%
SPY+1.19%
Weekend headlines turn to renewed Hormuz tension, HBM spending and Tesla's Robotaxi expansion
U.S. equity markets were closed, so QQQ and SPY carried Friday's regular closes without a new session move. Iran's renewed control of the Strait of Hormuz and warnings that fighting could resume dominated geopolitical headlines. HBM equipment investment, a 30-day Russian oil sanctions waiver, and Tesla's expansion of Robotaxi service across Texas added technology and energy-policy context.
4 session driversHormuz and ceasefire risk5 key headlinesWith the ceasefire 'three days away,' Israeli forces attacked Lebanon, Iran's military closed the Strait of Hormuz, and Trump convened another 'situation room meeting.'
Market closed · No intraday price curve
Weekend escalation at sea reshapes Iran talks as AI chips and tariff refunds enter focus
U.S. equity markets were closed, so QQQ and SPY carried Friday's regular closes without a new session move. Early reports of progress in U.S.-Iran talks gave way to a U.S. threat of escalation, the seizure of an Iranian cargo ship, Tehran's rejection of another negotiation round, and a retaliation warning. Waller's stagflation warning, Google's proposed Marvell chip collaboration, Tesla's two-city Robotaxi rollout, and the opening of tariff-refund claims broadened the weekend policy and technology picture.
4 session driversIran talks reverse to escalation6 key headlinesU.S. forces fire on and seize Iranian cargo ship; Tehran rejects talks and vows retaliation
Market closed · No intraday price curve
QQQ and SPY end near flat amid Hormuz uncertainty, Amazon AI spending and Apple succession
QQQ opened 0.13% below its previous close and finished down 0.14%. SPY opened down 0.20% and finished down 0.09%, leaving SPY ahead by 0.04 percentage points. Both recovered from deeper losses before the final overnight carry. Hormuz shipping restrictions and uncertain Iran ceasefire prospects remained prominent. Amazon's expanded Anthropic commitment, Apple's CEO succession, Warsh's independence pledge, and U.S. natural-gas infrastructure policy broadened the technology and policy picture.
4 session driversHormuz pressure and Iran talks6 key headlinesTrump says Iran ceasefire extension is highly unlikely and Hormuz will remain closed without an agreement
Regular session · Close 16:00 ET
QQQ-0.32%
SPY-0.20%
QQQ holds a gain while SPY slips as Iran reversals, Fed reform and AI spending shape the day
QQQ opened 0.24% above its previous close and finished up 0.11%. SPY opened 0.22% higher but finished down 0.24%, leaving QQQ ahead by 0.35 percentage points. Both fell during the regular session before recovering after hours. Overnight prices were carried because no new public trades were available. Iran ceasefire and blockade headlines shifted repeatedly. Strong retail sales, Warsh policy-reform signals, and AI spending supplied additional context.
3 session driversIran and trade-policy risk5 key headlinesTrump extends the Iran ceasefire while maintaining the maritime blockade
Regular session · Close 16:00 ET
QQQ-0.39%
SPY-0.64%
QQQ climbs 1.73% and finishes 0.82 percentage points ahead of SPY with chips and earnings in focus
QQQ opened 0.90% above its previous close and finished up 1.73% by 4:00 a.m. ET on April 23. SPY opened 0.73% higher and finished up 0.90%, leaving QQQ ahead by 0.82 percentage points. QQQ ended regular trading around 1.67% higher, while SPY was around 1.01% higher. Prices after 8:00 p.m. ET were carried because no new public trades were available. Semiconductor supply and policy headlines, energy inventories and Fed inflation-framework comments, and after-hours earnings supplied the main context.
3 session driversSemiconductor supply and policy6 key headlinesSamsung and SK Hynix face photoresist-material supply risk amid Middle East conflict
Regular session · Close 16:00 ET
QQQ+1.67%
SPY+1.01%
Flat QQQ leads SPY by 0.24 percentage points after firm PMIs, Hormuz orders and GPT-5.5
QQQ opened 0.24% below its previous close and finished essentially flat by 4:00 a.m. ET on April 24. SPY also opened 0.24% lower and finished down 0.23%, leaving QQQ ahead by 0.24 percentage points. At the end of regular trading, QQQ was down 0.56% and SPY was down 0.39%. Both recovered after hours, with the rebound larger in QQQ. Prices after 8:00 p.m. ET were carried because no new public trades were available. U.S. labor and business-activity data, security developments around the Strait of Hormuz, and OpenAI's new model release supplied the main context.
3 session driversU.S. labor and business activity4 key headlinesInitial Jobless Claims 214K Vs 211K Est.
Regular session · Close 16:00 ET
QQQ-0.56%
SPY-0.39%
QQQ gains 1.85% as chip earnings, consumer strain and Hormuz risk share the session
QQQ opened 1.09% above the prior close, gained another 0.83 percentage points during regular trading, then eased 0.07 points after hours to finish up 1.85%. SPY opened 0.32% higher and ended up 0.78%, leaving QQQ ahead by 1.06 points. Intel reported better-than-expected first-quarter results and second-quarter guidance, while Google committed $10B to Anthropic with another $30B conditional on performance. Michigan sentiment fell to 49.8 as one-year inflation expectations rose to 4.7%. Iran oil flows and an IEA warning kept Hormuz supply risk in focus.
3 session driversChips and AI capital5 key headlinesIEA Chief Warns Of 'Biggest Energy Security Threat In History' As Hormuz Crisis Deepens: 'Getting Worse Every Day'
Regular session · Close 16:00 ET
QQQ+1.92%
SPY+0.78%
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.
4 session driversWhite House security5 key headlinesTrump Evacuated After Gunfire Reported at White House Correspondents' Dinner
Market closed · No intraday price curve
Iran talks halt before a Hormuz reopening proposal as Warsh clears a hurdle
U.S. markets were closed, so QQQ and SPY remained at Friday's regular-session closes. Trump halted Iran talks as Brent crude topped $107, while Tehran later proposed reopening the Strait of Hormuz and permanently ending the war. NBC reported up to $5 billion in damage to U.S. bases. A senator withdrew opposition to Kevin Warsh, and DeepRoute.ai said its system was used in more than 300,000 vehicles in China.
3 session driversIran talks and Hormuz5 key headlinesTrump Halts Iran Talks as Brent Crude Tops $107 and Dow Futures Fall 52 Points
Market closed · No intraday price curve
SPY gains 0.33% and edges QQQ amid soft Dallas Fed data, AI deal shifts and Iran talks
SPY recovered from a 0.11% opening decline to finish 0.33% higher, while QQQ moved from a 0.07% opening loss to a 0.22% gain. SPY led by 0.11 percentage points. The day included a weaker Dallas Fed manufacturing reading, a Domino’s earnings miss, looser Microsoft-OpenAI ties and further U.S.-Iran disagreement over negotiations.
4 session driversMacro and consumer signals6 key headlinesDallas Fed Mfg Business Index For April -2.3 Vs -0.2 Prior
Regular session · Close 16:00 ET
QQQ+0.06%
SPY+0.17%
QQQ drops 0.73% and trails SPY with Hormuz, policy and AI infrastructure in view
QQQ improved from a 1.01% opening decline to finish 0.73% lower, while SPY moved from a 0.47% opening loss to a 0.38% decline. SPY led by 0.35 percentage points. The day included shifting Hormuz signals, firmer U.S. consumer confidence, expanded AWS-OpenAI ties and new U.S. restrictions on chip-equipment shipments to Hua Hong.
4 session driversHormuz and oil policy6 key headlinesTrump says Iran reported a state of collapse and wants the Strait of Hormuz reopened quickly
Regular session · Close 16:00 ET
QQQ-1.00%
SPY-0.49%
An 8-4 Fed vote and mega-cap results accompany QQQ's 1.42% advance
QQQ moved from a 0.16% opening gain to finish 1.42% above the prior close, while SPY went from a 0.10% opening decline to a 0.28% gain. QQQ led by 1.13 percentage points. The FOMC held rates at 3.50-3.75% on an 8-4 vote, and Powell discussed energy inflation and tariff pass-through. After-hours trading featured sharp reversals around results from Meta, Alphabet, Amazon, Qualcomm and Microsoft, while Iran blockade and oil-supply headlines remained in view.
4 session driversFed policy and inflation6 key headlines'Trump Rejects Iran's Offer, Says Blockade Stays Until Nuclear Deal' - Axios Exclusive
Regular session · Close 16:00 ET
QQQ+0.62%
SPY-0.01%
Growth misses as core PCE rises, while SPY finishes 0.21 points ahead of QQQ
QQQ moved from a 0.57% opening gain to finish 0.96% above the prior close, while SPY went from a 0.44% opening gain to a 1.17% advance. SPY led by 0.21 percentage points. First-quarter GDP grew at a 2.0% annualized rate, below the 2.3% forecast, while March core PCE inflation rose to 3.2% from 3.0%. AI hardware supply and memory costs remained in focus. After-hours results from Western Digital, SanDisk and Apple added a fresh earnings read.
2 session driversGrowth and inflation mix4 key headlinesExpress News | US Q1 GDP Growth Rate QoQ Adv 2.0% Vs 2.3% Forecast, Prior 0.5%
Regular session · Close 16:00 ET
QQQ+0.91%
SPY+0.96%