Analysts caution that while short-term charts look bullish, macroeconomic data releases could be decisive for near-term moves. The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Thursday. The SPY was up 0.27% at $670.28, while the QQQ advanced 0.57% to $606.70, according to Benzinga Pro data. A U.S.-China trade deal could be on the horizon as well, with Bessent telling CNBC that negotiations have become âmore and more productive.â The U.S. tariff pause on Chinese imports is set to expire on November 10, although the two countries will likely meet again before then. SPY stock price today hovers close to $526.
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