Official U.S. CPI releaseWed, Jun 10May 2026
QQQ / SPY · Complete month
June 2026
Replay June 2026 through QQQ/SPY closing paths, intraday turns, recurring news themes, and every daily curve.
- Review days
- 30
- Trading days
- 21
- News
- 980
- Recurring news themes
- 6
Jun 1, 2026 — Jun 30, 2026
Monthly performance
QQQ ended at -0.35% and SPY at -1.34% 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 session
QQQ rises 3.70% and outpaces SPY amid Iran swings and active AI investment
QQQ rose 3.70% and SPY gained 1.94%, leaving QQQ ahead by 1.77 percentage points. Both opened higher, advanced strongly during regular trading, and added gains after hours. Elevated headline producer inflation, a sequence of changing Iran-Hormuz statements, and fresh AI infrastructure commitments formed the main backdrop.
3 session driversProducer inflation6 key headlinesKKR Launches New Company Helix Digital Infrastructure To Deliver Integrated Projects At The Speed And Scale Needed By Hyperscalers; Anchor Investments Provided By KIA, Nvidia and…
Regular session · Close 16:00 ET
QQQ+3.28%
SPY+1.68%
Weakest QQQ sessionWeakest SPY sessionLargest QQQ–SPY divergence
QQQ drops 5.44% as strong payrolls, Iran deadlock and crypto weakness crowd the day
QQQ opened 1.43% below its prior close and finished the full window down 5.44%. SPY opened 0.63% lower and ended down 2.87%, leading by 2.57 percentage points. Most of the deterioration came during regular trading, when QQQ lost another 3.30 points versus 1.92 points for SPY, followed by further after-hours weakness. The day's context included May payrolls of 172,000 versus 85,000 expected, a reported U.S.-Iran negotiating deadlock, restrictions on Chinese participation in SpaceX's IPO, a large SpaceX-Google GPU agreement, and Bitcoin falling below $60,000.
4 session driversJobs and rate path5 key headlinesExpress News | US May. Non-Farm Payrolls +172000 Vs +85000 Forecast, Prior +179000; US May. Unemployment Rate 4.3% Vs 4.3% Forecast, Prior 4.3%
Regular session · Close 16:00 ET
QQQ-4.77%
SPY-2.60%
Strongest SPY session
QQQ rises 2.99% as Iran implementation details and AI-chip investment stay in focus
QQQ opened 2.32% above the prior close and ended up 2.99%, while SPY finished 1.64% higher, leaving QQQ ahead by 1.35 percentage points. U.S.-Iran implementation details developed through the day. AI-chip news included ByteDance evaluating Chinese suppliers and reported Qualcomm-Tenstorrent talks. Late macro releases included stronger-than-expected China industrial output.
3 session driversIran agreement implementation5 key headlinesExpress News | U.S. Senior Official: U.S. and Iran Have Signed a Memorandum of Understanding
Regular session · Close 16:00 ET
QQQ+3.12%
SPY+1.74%
Strongest intraday rebound
QQQ reverses lower as macro releases, AI regulation and U.S.-Iran escalation frame the session
QQQ ended the full daily window down 1.31% while SPY fell 0.48%, leaving QQQ behind by 0.84 percentage points after both opened higher. Most of the reversal came during regular trading, with the 10 a.m. data cluster, AI capital and regulatory developments, and a sequence of U.S.-Iran escalation reports providing the main context.
3 session driversMacro release cluster6 key headlinesUPDATE: USA Wholesale Trade Sales (MoM) For April 2.0% Vs 3.0% Prior (Prior Revised From 2.8%)
Regular session · Close 16:00 ET
QQQ-1.14%
SPY-0.29%
Calmest session
QQQ extends its advance as retail, labor and AI policy updates fill the session
Both ETFs opened below the prior close and recovered during regular trading. QQQ finished the full window up 0.45% and SPY gained 0.14%, giving QQQ a 0.30 percentage-point lead. Firm Redbook and JOLTS readings joined Hammack's inflation and labor comments. The White House AI order, new OpenAI tools and changing Iran negotiation and military reports supplied the other major updates.
3 session driversDemand and labor6 key headlinesRedbook Retail Sales Index Up 9.0% YoY For Week Ended 5/30/26
Regular session · Close 16:00 ET
QQQ+0.45%
SPY+0.12%
Busiest news day
QQQ gains 1.53% and leads SPY by 1.03 points amid Micron and data-center news
QQQ opened 0.25% above its prior close and finished up 1.53%. SPY opened 0.22% higher and gained 0.49%, leaving QQQ ahead by 1.03 percentage points. Micron's earnings and outlook, Qualcomm's data-center expansion, weaker new-home sales and Hormuz shipping updates formed the main context.
4 session driversMicron results and outlook5 key headlinesMicron Technology Q3 Adj. EPS $25.11 Beats $20.63 Estimate, Sales $41.456B Beat $35.590B Estimate
Regular session · Close 16:00 ET
QQQ-0.43%
SPY-0.06%
2 review days are still waiting for complete theme data
Recurring news themes
See which themes kept returning during the month and how many review days they appeared in.
01
Geopolitics
131 related news items · 26 review days
21.9%-1.2 pp vs prior 3 months
02Semiconductors
62 related news items · 16 review days
10.4%+2.0 pp vs prior 3 months
03AI
119 related news items · 15 review days
19.9%+4.4 pp vs prior 3 months
04Nvidia
48 related news items · 10 review days
8.0%+4.0 pp vs prior 3 months
05Oil
33 related news items · 10 review days
5.5%-5.2 pp vs prior 3 months
06Tesla
22 related news items · 10 review days
3.7%+0.3 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 rebounds ahead of SPY amid factory data, AI financing and Middle East shifts
QQQ and SPY opened lower and recovered during regular trading. By the full-window close, QQQ gained 0.27% and SPY edged up 0.01%, leaving QQQ ahead by 0.25 percentage points. S&P Global and ISM manufacturing data accompanied a choppy morning. AI capital commitments from Anthropic, TSMC and Alphabet, along with changing Middle East ceasefire and negotiation updates, rounded out the day.
3 session driversManufacturing data6 key headlinesExpress News | The U.S. ISM Manufacturing Index stood at 54 in May, versus an expectation of 53 and a prior reading of 52.7.
Regular session · Close 16:00 ET
QQQ+0.59%
SPY+0.26%
QQQ extends its advance as retail, labor and AI policy updates fill the session
Both ETFs opened below the prior close and recovered during regular trading. QQQ finished the full window up 0.45% and SPY gained 0.14%, giving QQQ a 0.30 percentage-point lead. Firm Redbook and JOLTS readings joined Hammack's inflation and labor comments. The White House AI order, new OpenAI tools and changing Iran negotiation and military reports supplied the other major updates.
3 session driversDemand and labor6 key headlinesRedbook Retail Sales Index Up 9.0% YoY For Week Ended 5/30/26
Regular session · Close 16:00 ET
QQQ+0.45%
SPY+0.12%
QQQ stays slightly ahead in a broad selloff as firm data meets Fed inflation caution
QQQ opened 0.16% above the prior close while SPY opened 0.19% lower. Both weakened through regular trading and after hours. By the full-window finish, QQQ was down 1.06% and SPY fell 1.19%, leaving QQQ ahead by 0.13 percentage points. Firmer ADP, ISM and factory-order readings met cautious Fed inflation comments. A larger crude draw, Broadcom's results and AI-compute orders, plus tariff and Iran policy updates completed the day's main themes.
4 session driversGrowth and labor6 key headlinesExpress News | US May ADP Nonfarm Employment Change +122000 Vs +118000 Forecast, Prior +109000
Regular session · Close 16:00 ET
QQQ-0.26%
SPY-0.71%
QQQ gives back its rebound as jobless claims, AI capacity and Iran talks shape the session
QQQ opened 1.17% below its prior close and SPY opened 0.28% lower. Both rebounded during regular trading, but the after-hours pullback left QQQ down 1.19% at the full-window finish while SPY edged up 0.04%. SPY led by 1.23 percentage points. Initial claims were 225K versus 214K expected, while unit labor costs were 1.8% versus 2.3% expected. AI capacity, robotics and Robotaxi updates joined changing Iran negotiation and oil-supply reports.
2 session driversAI capacity and deployment6 key headlinesAfter Dell, TSMC CEO Issues Stark Warning On AI Capacity Constraints For 'Very Long Time,' Hints At Potential Price Hike— 'We Still Need To...'
Regular session · Close 16:00 ET
QQQ-0.50%
SPY+0.37%
QQQ drops 5.44% as strong payrolls, Iran deadlock and crypto weakness crowd the day
QQQ opened 1.43% below its prior close and finished the full window down 5.44%. SPY opened 0.63% lower and ended down 2.87%, leading by 2.57 percentage points. Most of the deterioration came during regular trading, when QQQ lost another 3.30 points versus 1.92 points for SPY, followed by further after-hours weakness. The day's context included May payrolls of 172,000 versus 85,000 expected, a reported U.S.-Iran negotiating deadlock, restrictions on Chinese participation in SpaceX's IPO, a large SpaceX-Google GPU agreement, and Bitcoin falling below $60,000.
4 session driversJobs and rate path5 key headlinesExpress News | US May. Non-Farm Payrolls +172000 Vs +85000 Forecast, Prior +179000; US May. Unemployment Rate 4.3% Vs 4.3% Forecast, Prior 4.3%
Regular session · Close 16:00 ET
QQQ-4.77%
SPY-2.60%
Markets stay closed while AI policy, chip plans and geopolitical risk shape the news window
U.S. markets were closed for the weekend, so QQQ held its June 5 close of 705.26 and SPY held 737.42 throughout the window, with neither ETF leading. The news backdrop included the planned departure of White House AI policy adviser Sriram Krishnan, Broadcom's timetable for mass production of a custom OpenAI chip, a proposal involving frozen Iranian assets, OpenAI's planned ChatGPT overhaul, and an IATA warning about airline fuel costs.
1 session driverAI policy personnel1 key headlineTrump AI Adviser Sriram Krishnan To Leave White House, Plans New Role Influencing AI Policy: Report
Market closed · No intraday price curve
Weekend trading pause holds QQQ and SPY steady as conflict risk rises and AI projects expand
U.S. markets were closed for the weekend. QQQ held its June 5 close of 705.26 and SPY held 737.42 across the full window, leaving the pair tied. The news flow featured Israel-Iran missile exchanges alongside oil above $92 and regional airspace closures, new Nvidia-linked memory and AI infrastructure plans, and Japan's first-quarter annualized GDP growth of 1.8% versus a 1.3% estimate.
3 session driversMiddle East escalation5 key headlinesIsrael, Iran Exchange Missile Strikes, Oil Crosses $92, KOSPI Plunges 7%
Market closed · No intraday price curve
QQQ preserves most of its early advance as chips, AI deals and ceasefire talks fill the window
QQQ finished the full daily window up 1.47% and SPY rose 0.16%, leaving QQQ ahead by 1.31 percentage points. Both opened higher, then gave back part of those gains during regular trading, with SPY surrendering more. The news flow featured Marvell's S&P 500 addition, a large Google-SpaceX cloud agreement, Israel-Iran ceasefire talks amid continuing energy and blockade risks, and financing or IPO developments from Amazon and OpenAI.
3 session driversChip and AI investment6 key headlinesExpress News | U.S. semiconductor stocks rebounded in pre-market trading, with Marvell Technology rising over 7% after being added to the S&P 500 Index; Micron Technology gained m…
Regular session · Close 16:00 ET
QQQ+1.55%
SPY+0.24%
QQQ reverses lower as macro releases, AI regulation and U.S.-Iran escalation frame the session
QQQ ended the full daily window down 1.31% while SPY fell 0.48%, leaving QQQ behind by 0.84 percentage points after both opened higher. Most of the reversal came during regular trading, with the 10 a.m. data cluster, AI capital and regulatory developments, and a sequence of U.S.-Iran escalation reports providing the main context.
3 session driversMacro release cluster6 key headlinesUPDATE: USA Wholesale Trade Sales (MoM) For April 2.0% Vs 3.0% Prior (Prior Revised From 2.8%)
Regular session · Close 16:00 ET
QQQ-1.14%
SPY-0.29%
Softer core CPI accompanies a rebound, but QQQ finishes down 2.56% behind SPY
QQQ finished down 2.56% while SPY fell 1.92%, leaving QQQ behind by 0.63 percentage points. Both opened lower, recovered to positive intraday highs, then sold off through regular trading and after hours. A softer-than-expected core CPI reading, technology execution and data-retention developments, and renewed trade and Iran-Hormuz risk provided the main context.
3 session driversInflation and the morning rebound6 key headlinesUSA Core CPI (MoM) For May 0.2% Vs 0.3% Est.
Regular session · Close 16:00 ET
QQQ-1.99%
SPY-1.58%
QQQ rises 3.70% and outpaces SPY amid Iran swings and active AI investment
QQQ rose 3.70% and SPY gained 1.94%, leaving QQQ ahead by 1.77 percentage points. Both opened higher, advanced strongly during regular trading, and added gains after hours. Elevated headline producer inflation, a sequence of changing Iran-Hormuz statements, and fresh AI infrastructure commitments formed the main backdrop.
3 session driversProducer inflation6 key headlinesKKR Launches New Company Helix Digital Infrastructure To Deliver Integrated Projects At The Speed And Scale Needed By Hyperscalers; Anchor Investments Provided By KIA, Nvidia and…
Regular session · Close 16:00 ET
QQQ+3.28%
SPY+1.68%
Morning reversal lifts QQQ 0.85% as sentiment strengthens and Iran terms stay fluid
QQQ gained 0.85% and SPY rose 0.64%, leaving QQQ ahead by 0.22 percentage points. QQQ opened nearly flat and SPY opened 0.41% higher, but both fell soon after the bell before reversing sharply. Stronger-than-expected consumer sentiment, shifting Iran-Hormuz terms, and continued AI financing and cost-control developments provided the main context.
2 session driversIran-Hormuz negotiations5 key headlines'Gulf Oil Supply Cuts Stand At 5M-6M Barrels/Day, Much Smaller Than Original Estimate Of 12M-15M Barrels/Day; Gulf Oil Supply Rises As Millions Of Barrels Per Day Escape Hormuz Un…
Regular session · Close 16:00 ET
QQQ+0.58%
SPY+0.52%
U.S. markets close for the weekend as Iran signing reports and Anthropic restrictions lead news
U.S. markets were closed for the weekend, so QQQ and SPY remained at the prior regular closes of $721.27 and $741.63. Reports offered conflicting details on the timing of a U.S.-Iran agreement and the reopening of the Strait of Hormuz. Separate reports described U.S. export restrictions on two Anthropic models and security concerns reportedly raised by Amazon CEO Andy Jassy.
2 session driversIran agreement timing4 key headlinesAnthropic Announced Late Friday, US Export Control Directive Requires Suspension Of Fable 5 And Mythos 5 Access For Foreign Nationals, Prompting Service Disablement For All Custom…
Market closed · No intraday price curve
U.S.-Iran terms, SpaceX capacity plans and tech policy set the weekend agenda
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.
3 session driversU.S.-Iran agreement and Hormuz6 key headlinesPresident Trump Posts On Truth Social "The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the St…
Market closed · No intraday price curve
QQQ rises 2.99% as Iran implementation details and AI-chip investment stay in focus
QQQ opened 2.32% above the prior close and ended up 2.99%, while SPY finished 1.64% higher, leaving QQQ ahead by 1.35 percentage points. U.S.-Iran implementation details developed through the day. AI-chip news included ByteDance evaluating Chinese suppliers and reported Qualcomm-Tenstorrent talks. Late macro releases included stronger-than-expected China industrial output.
3 session driversIran agreement implementation5 key headlinesExpress News | U.S. Senior Official: U.S. and Iran Have Signed a Memorandum of Understanding
Regular session · Close 16:00 ET
QQQ+3.12%
SPY+1.74%
QQQ trails SPY as blocked data-center projects and Iran oil terms share focus
QQQ opened 0.22% below the prior close and finished down 1.82%, while SPY fell 0.54%, leaving QQQ behind by 1.28 percentage points. AI infrastructure news was mixed. U.S. data-center projects worth $130B faced delays, while Equinix announced a Cisco-Nvidia deployment and Amkor and TSMC signed a 10-year packaging deal. Reported U.S.-Iran terms included permission for immediate Iranian oil sales.
2 session driversAI infrastructure crosscurrents4 key headlinesAI Data Center Resistance Sweeps The US As $130 Billion Worth Of Projects Get Blocked Or Delayed In Just 3 Months
Regular session · Close 16:00 ET
QQQ-1.91%
SPY-0.59%
Fed restraint, Iran terms and AI deals accompany a flat QQQ and 0.63% SPY decline
QQQ opened 0.73% above the prior close, lost 1.59 percentage points during regular trading, then recovered 0.80 points after hours to finish essentially flat. SPY ended down 0.63%, leaving QQQ ahead by 0.64 points. The Fed held its policy rate at 3.50%-3.75% and projected a 2026 hike followed by cuts. Iran headlines shifted from denial of a $300B U.S. fund to confirmation that a remotely signed memorandum was effective. AI updates included Coherent's Texas expansion, a $500M CHIPS award and an Applied Materials smart-glasses platform.
3 session driversPolicy and macro signals4 key headlinesPresident Trump Says Reports Of A $300B Fund As Part Of An Iran Deal Is False; U.S. Is Not Investing In That; Iran MoU Isn't Final, If I Don't Like It, We Will Go Back To Dropping…
Regular session · Close 16:00 ET
QQQ-1.01%
SPY-1.24%
Chip and Iran updates accompany gains of 2.40% for QQQ and 0.81% for SPY
QQQ rose 2.40% while SPY added 0.81%, leaving the tech-heavy fund ahead by 1.59 percentage points. Semiconductor shipments and hiring, evolving U.S.-Iran terms, and Accenture’s weaker outlook supplied the main context.
3 session driversSemiconductor supply and execution4 key headlinesTower Semiconductor Announces Shipments Of 5M+ Coherent Photonic Integrated Circuits To Marvell Global Customers
Regular session · Close 16:00 ET
QQQ+2.37%
SPY+0.76%
Juneteenth pauses U.S. trading while Lebanon-linked diplomacy and AI controls evolve
U.S. markets were closed for Juneteenth, so QQQ and SPY remained at Thursday's regular closes of $739.66 and $746.56. Delayed U.S.-Iran talks, recovering Hormuz shipping, and later warnings over Lebanon kept geopolitics prominent. AI headlines included a Google-Microsoft standards initiative, Google and Broadcom financing plans, JPMorgan's Hong Kong restriction, and a change in Anthropic's stated U.S. security status.
2 session driversIran, Lebanon, and Hormuz5 key headlinesTrump Envoys Head To Switzerland As Iran Calls Lebanon Ceasefire 'Make-Or-Break' For Nuclear Talks: Report
Market closed · No intraday price curve
Conflicting Hormuz claims and stalled peace talks define Saturday's news
U.S. markets were closed on Saturday, leaving QQQ and SPY at the carried closes of $739.66 and $746.56. Iran announced that the Strait of Hormuz was closed, while U.S. Central Command later said 55 merchant ships had transited safely. Peace talks stalled as fighting in southern Lebanon intensified, and a later report said U.S.-Iran technical talks were planned for Sunday.
2 session driversHormuz passage status3 key headlinesExpress News | Iranian military announces closure of the Strait of Hormuz
Market closed · No intraday price curve
A 60-day U.S.-Iran roadmap and new AI signals shape Sunday's news
U.S. markets were closed on Sunday, leaving QQQ and SPY at the carried closes of $739.66 and $746.56. A 60-day U.S.-Iran roadmap and competing Hormuz traffic updates led the geopolitical news. A Federal Reserve report highlighted rising household financial anxiety, while U.S. AI ownership proposals and Tesla's Megapod trademark broadened the technology agenda.
3 session driversHormuz and diplomacy6 key headlinesExpress News | Qatar and Pakistan Joint Statement: First Round of High-Level U.S.-Iran Talks Concludes; Parties Agree on 60-Day Roadmap
Market closed · No intraday price curve
Early gains fade, leaving QQQ down 0.60% as Iran and AI updates accumulate
QQQ opened 0.18% above its prior close and reached 0.61% at the session high before finishing down 0.60%. SPY opened up 0.13%, reached 0.43% at its high, and finished down 0.41%, leaving QQQ behind by 0.19 percentage points. U.S.-Iran claims and energy-policy actions unfolded alongside NVIDIA, Micron, Microsoft, SpaceX, and other AI infrastructure updates.
3 session driversEarly gains reverse6 key headlinesVice President Vance Said Iran Talks Made A Lot Of Good Progress, Iranians Agreed To Invite IAEA Inspectors Back, Strait Is Open; Technical Talks To Continue In Coming Days, Weeks
Regular session · Close 16:00 ET
QQQ-0.35%
SPY-0.32%
QQQ falls 2.97% amid mixed U.S. data, a Rubin production report and Alphabet's Dow entry
QQQ opened 3.00% below its prior close and finished down 2.97%. SPY opened down 1.43% and finished down 1.26%, leaving it 1.71 percentage points ahead. The day also brought mixed U.S. activity data, an Iranian denial of Trump's inspection claim, a late report on lower NVIDIA Rubin production expectations, and Alphabet's coming addition to the Dow.
4 session driversMixed U.S. activity data4 key headlinesKorean Media Says NVIDIA's Rubin Production Forecast Was Cut And SK Hynix Is Slowing HBM4 Capacity Expansion
Regular session · Close 16:00 ET
QQQ-3.29%
SPY-1.44%
QQQ gains 1.53% and leads SPY by 1.03 points amid Micron and data-center news
QQQ opened 0.25% above its prior close and finished up 1.53%. SPY opened 0.22% higher and gained 0.49%, leaving QQQ ahead by 1.03 percentage points. Micron's earnings and outlook, Qualcomm's data-center expansion, weaker new-home sales and Hormuz shipping updates formed the main context.
4 session driversMicron results and outlook5 key headlinesMicron Technology Q3 Adj. EPS $25.11 Beats $20.63 Estimate, Sales $41.456B Beat $35.590B Estimate
Regular session · Close 16:00 ET
QQQ-0.43%
SPY-0.06%
QQQ's opening surge narrows amid mixed data, Qualcomm's outlook and Hormuz security news
QQQ opened 2.17% above its prior close and finished up 0.61%. SPY opened 0.78% higher and ended little changed, down 0.07%, leaving QQQ ahead by 0.68 percentage points. Mixed U.S. data, Qualcomm's 2029 outlook, Hormuz security news and the Federal Reserve's inflation message formed the main context as the early gains narrowed.
4 session driversMixed U.S. data6 key headlinesExpress News | US Weekly Initial Jobless Claims 215000 Vs 225000 Forecast, Prior 227000
Regular session · Close 16:00 ET
QQQ+0.79%
SPY0.00%
Inflation and tariff tension accompany QQQ's 1.45% decline and SPY's 1.03-point lead
QQQ opened 1.38% below its prior close and finished down 1.45%. SPY opened 0.76% lower and ended down 0.42%, leaving SPY ahead by 1.03 percentage points. Persistent inflation and Fed signals, a wider goods-trade deficit, the digital-tax tariff dispute, AI releases, and renewed Hormuz tension formed the main context.
4 session driversMacro data and Fed signals6 key headlinesU.S. inflation isn't cooling down that easily: even as oil prices fall, companies like Apple are still raising prices.
Regular session · Close 16:00 ET
QQQ-1.47%
SPY-0.71%
Airstrikes renew Hormuz risk as technology reaches 39% of the S&P 500
Markets were closed, so QQQ stayed at 705.84 and SPY at 729.09 from the prior regular close. Tanker attacks and later U.S. airstrikes renewed Hormuz risk. Allied critical-mineral measures, a record 39% technology weight in the S&P 500, and the closure of a Tesla safety probe completed the weekend context.
3 session driversHormuz confrontation5 key headlinesUS-Iran Truce Strained As Hormuz Attacks Hit Tankers, Boost Energy Market Risk
Market closed · No intraday price curve
U.S.-Iran stand-down leaves mine risk unresolved as AI supply plans broaden
Markets were closed, leaving QQQ at 705.84 and SPY at 729.09 from Friday's regular close. A renewed U.S.-Iran stand-down and planned Doha talks eased the escalation sequence, although mine risk still threatened Hormuz shipping. A coming PCE methodology change and new AI capacity moves from Google, Apple, Samsung, and SK Hynix rounded out Sunday's context.
3 session driversHormuz stand-down and shipping6 key headlinesU.S. and Iran Agree to Halt Mutual Attacks and Resume Doha Talks on Hormuz Navigation
Market closed · No intraday price curve
QQQ advances 2.47% and outpaces SPY with policy and chip-risk headlines in focus
QQQ rose 2.47% and SPY gained 1.61%, leaving QQQ ahead by 0.86 percentage points. The day's context included a DRAM class-action lawsuit and two Supreme Court decisions concerning removal powers and Federal Reserve independence. Overnight data showed China's manufacturing PMI above estimates and French consumer prices down 0.20% month over month, while the BIS warned about AI-linked circular financing and broader financial-stability risks.
4 session driversFinancial stability and AI6 key headlinesSamsung, SK Hynix, and Micron face a class-action lawsuit in the U.S. over alleged manipulation of DRAM prices and supply.
Regular session · Close 16:00 ET
QQQ+2.47%
SPY+1.63%
QQQ stands 1.69% above its prior close as mixed data and technology updates shape the backdrop
By 4:00 a.m. ET the next day, QQQ stood 1.69% above its prior close and SPY was 0.72% higher, leaving QQQ ahead by 0.97 percentage points. U.S. data were mixed as the Chicago PMI and JOLTS job openings exceeded estimates, while consumer confidence missed expectations. Fed's Hammack said growth was solid and the labor market was near full employment, but inflation remained too high and rate hikes might need consideration. Alphabet's replacement of Verizon in the Dow Jones index and an overnight China RatingDog manufacturing PMI of 51.7 versus 51.9 expected added technology and global-data context.
4 session driversMixed U.S. data5 key headlinesChicago PMI For June 56.7 Vs 55.7 Est
Regular session · Close 16:00 ET
QQQ+1.61%
SPY+0.72%