SPY, QQQ Press Records as Nine Sectors Rally, VIX at 14.90

SPY, the S&P 500 ETF, closed at $773.26 on Monday, up 0.61%, while QQQ, the Nasdaq 100 ETF, jumped 1.17% to $723.03. Nine of 11 S&P sector ETFs finished higher on the session, and the VIX sits at 14.90, near its cycle lows. The rally is broadening, not just holding, and that breadth is the story underneath the headline records. Key Takeaways SPY closed at $773.26 (+0.61%) and QQQ at $723.03 (+1.17%) on August 10, with 9 of 11 S&P sector ETFs higher and the VIX at 14.90, near its cycle lows for the year. The share of S&P 500 members above their 50-day moving average has recovered to roughly 65.6%, up from a sub-20% trough earlier in 2026, showing participation beyond a handful of megacaps. Th…