QQQ / SPY · Complete month

July 2026

Replay July 2026 through QQQ/SPY closing paths, intraday turns, recurring news themes, and every daily curve.

Review days: 31
Trading days: 22
News: 1,116
Recurring news themes: 6

2026-07-01 — 2026-07-31

Monthly performance

Regular-close path

QQQ -6.58%SPY +0.01%

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 sessionLargest QQQ–SPY divergence

Thu, Jul 30

QQQ +3.31%SPY +1.68%

QQQ led SPY by 1.63 pp

Weakest QQQ sessionWeakest SPY sessionStrongest intraday rebound

Wed, Jul 29

QQQ -2.07%SPY -1.53%

Rebound after the intraday low · QQQ +2.45% · SPY +1.44%

Calmest session

Wed, Jul 22

QQQ -0.53%SPY -0.12%

Intraday range · QQQ +0.84% · SPY +0.44%

Busiest news day

Tue, Jul 28

QQQ -0.97%SPY +0.23%

Recurring news themes

See which themes kept returning during the month and how many review days they appeared in.

Geopolitics

353 related news items · 26 review days

Semiconductors

239 related news items · 26 review days

AI

286 related news items · 25 review days

Oil

179 related news items · 25 review days

Nvidia

86 related news items · 22 review days

Apple

57 related news items · 22 review days

Topic counts are descriptive coverage measures. They do not measure price impact.

CPI

Official event-study dates

Official U.S. CPI releaseTue, Jul 14June 2026

Open review View the CPI event study

All daily reviews

Trading days show QQQ/SPY closing moves alongside the day’s news. Market-closed dates keep their news timelines.

Technology weakness leaves QQQ down 1.65% and 1.40 points behind SPY

Regular closeQQQ -1.53%SPY -0.14%Geopolitics

48 news itemsOpen review 02Thu, Jul 2

Afternoon divergence leaves QQQ down 1.51% while SPY steadies near flat

Regular closeQQQ -1.71%SPY -0.13%FOMC · CPI

45 news itemsOpen review 03Fri, Jul 3

Independence Day closure shifts attention to AI chips, fund flows and energy scrutiny

Market closedEarnings · Jobs report

12 news itemsOpen review 04Sat, Jul 4

QQQ and SPY stay flat with markets closed as technology investment and geopolitics dominate

7 news itemsOpen review 05Sun, Jul 5

Closed Sunday keeps QQQ and SPY unchanged while AI hardware and oil supply draw focus

8 news itemsOpen review 06Mon, Jul 6

QQQ closes 1.09% higher and leads SPY amid services data and technology updates

Regular closeQQQ +1.41%SPY +0.88%AI · Geopolitics

22 news itemsOpen review 07Tue, Jul 7

QQQ falls 2.18% and trails SPY as chip, macro and Hormuz risks converge

Regular closeQQQ -1.84%SPY -0.48%Semiconductors · AI

26 news itemsOpen review 08Wed, Jul 8

QQQ erases a weak open to gain 0.40% while SPY finishes 0.32% lower

Regular closeQQQ +0.26%SPY -0.32%Geopolitics · Oil

58 news itemsOpen review 09Thu, Jul 9

AI-heavy QQQ outpaces SPY, ending 1.62% above the prior close

Regular closeQQQ +1.65%SPY +0.84%Geopolitics · Oil

33 news itemsOpen review 10Fri, Jul 10

QQQ recovers from an early lag as both ETFs finish about 0.4% higher

Regular closeQQQ +0.31%SPY +0.42%Geopolitics · AI

23 news itemsOpen review 11Sat, Jul 11

U.S. markets close Saturday as Hormuz tensions escalate

4 news itemsOpen review 12Sun, Jul 12

QQQ and SPY remain at Friday’s closes as fresh Iran strikes shape Sunday risk

Market closedGeopolitics · Earnings

4 news itemsOpen review 13Mon, Jul 13

QQQ ends down 2.06%, 1.16 points behind SPY amid rate warnings and Iran escalation

Regular closeQQQ -1.89%SPY -0.77%Geopolitics · Oil

28 news itemsOpen review 14Tue, Jul 14

QQQ gains 1.45% and leads SPY by 0.93 points alongside cooler CPI and chip updates

Regular closeQQQ +1.11%SPY +0.36%CPI · FOMC

30 news itemsOpen review 15Wed, Jul 15

QQQ reverses an early gain to lose 0.32% as SPY holds a 0.38% advance

Regular closeQQQ -0.28%SPY +0.39%CPI · FOMC

45 news itemsOpen review 16Thu, Jul 16

QQQ sheds 2.07% while SPY limits its decline to 0.76%

Regular closeQQQ -1.63%SPY -0.54%AI · FOMC

63 news itemsOpen review 17Fri, Jul 17

SPY retains a 0.65-point edge while QQQ finishes 1.75% lower

Regular closeQQQ -1.51%SPY -1.00%Geopolitics · Semiconductors

42 news itemsOpen review 18Sat, Jul 18

Flight shutdowns and renewed strikes define Saturday risk

Market closedGeopolitics · AI

6 news itemsOpen review 19Sun, Jul 19

Brent above $90 and a Hormuz vessel fire dominate Sunday headlines

Market closedGeopolitics · Oil

7 news itemsOpen review 20Mon, Jul 20

QQQ holds a 0.23-point edge as early gains fade amid Iran and tariff headlines

Regular closeQQQ +0.10%SPY -0.16%AI · Geopolitics

23 news itemsOpen review 21Tue, Jul 21

AI policy, tariff deadlines and Iran risk frame a 1.80% QQQ advance

Regular closeQQQ +1.85%SPY +0.84%Geopolitics · Semiconductors

59 news itemsOpen review 22Wed, Jul 22

QQQ closes 0.59% lower, with yields, AI spending and late earnings in focus

Regular closeQQQ -0.53%SPY -0.12%Earnings · AI

62 news itemsOpen review 23Thu, Jul 23

Chip, Iran and tariff developments crowd the tape as QQQ falls 1.67%

Regular closeQQQ -1.89%SPY -1.23%AI · Semiconductors

63 news itemsOpen review 24Fri, Jul 24

QQQ sinks 1.16% while SPY holds near flat amid chip pricing and Gulf risk

Regular closeQQQ -1.12%SPY +0.09%Geopolitics · AI

40 news itemsOpen review 25Sat, Jul 25

Strike pause and shipping disruption reshape Saturday's Gulf risk

Market closedGeopolitics · AI

8 news itemsOpen review 26Sun, Jul 26

Sunday news centers on Iran restraint signals and AI financing

Market closedGeopolitics · AI

9 news itemsOpen review 27Mon, Jul 27

Chip and policy pressure erase QQQ's 1.06% opening gain, leaving SPY ahead by 0.43 points

Regular closeQQQ -0.32%SPY +0.01%Geopolitics · AI

40 news itemsOpen review 28Tue, Jul 28

SPY rises while QQQ lags as chip stress and Middle East risk frame a split session

Regular closeQQQ -0.97%SPY +0.23%Geopolitics · AI

96 news itemsOpen review 29Wed, Jul 29

Fed-day selling leaves both ETFs lower before overnight strikes sharpen the energy-risk backdrop

Regular closeQQQ -2.07%SPY -1.53%Geopolitics · Earnings

60 news itemsOpen review 30Thu, Jul 30

QQQ rises through every active session as megacap technology widens its lead over SPY

Regular closeQQQ +3.31%SPY +1.68%AI · Geopolitics

91 news itemsOpen review 31Fri, Jul 31

QQQ's opening surge fades to a SPY lead before overnight currency and chip-supply updates

Regular closeQQQ +0.64%SPY +0.69%Geopolitics · Oil

54 news itemsOpen review

July 2026 QQQ/SPY Market Review | MarketNewsCurve