---
title: "Geopolitical Risks and Tech Lift Markets: QQQ Up 1.52%, SPY at $685.13"
canonical_url: https://www.stockexpertai.com/journal/2026-03-05/geopolitical-risks-and-tech-lift-markets-qqq-up-152-spy-at-68513
last_updated: 2026-03-05T06:04:29.684Z
section: "Opinion Note"
author: "The StreetNews Editorial Board"
publisher: Stock Expert AI
tickers: SPY, AAPL, GOOGL, MSFT, SBUX, POL, USDC
content_type: journal-article
---

# Geopolitical Risks and Tech Lift Markets: QQQ Up 1.52%, SPY at $685.13

## The Take
- Balance geopolitical risks with sector-specific opportunities; monitor oil prices and tech earnings for continued volatility and potential gains.

_Escalating tensions in the Middle East and strong tech performance create a complex market landscape._

Here's our take on what matters most today.

Geopolitical tensions stemming from the US-Iran conflict are casting a long shadow, with an oil tanker incident off the coast of Kuwait exacerbating concerns. Polymarket data indicates a 12% probability of US forces entering Iran by March 7, reflecting the market's assessment of escalating risks. Iran's closure of the Strait of Hormuz adds another layer of uncertainty, potentially disrupting global oil supply. These events contribute to a risk-off sentiment countered by sector-specific gains.

Despite the geopolitical backdrop, the QQQ saw a gain of 1.52%, driven by strength in the technology sector, with SPY closing at $685.13 (+0.71%). While AAPL dipped -0.47% to $262.52 and GOOGL fell -0.15% to $303.13, MSFT advanced +0.31% to $405.20, contributing to the overall positive momentum in tech. IWM also showed strength, rising +0.97% to $261.76, indicating broader market participation. Meanwhile, SBUX saw a modest gain of +0.49% to $97.15 amid scrutiny over high-sugar drinks. DIA ended the day at $487.74, up +0.46%.

Stay informed. Stay disciplined. Stay ahead.

## Related Tickers
- [SPY](https://www.stockexpertai.com/stock/spy)
- [AAPL](https://www.stockexpertai.com/stock/aapl)
- [GOOGL](https://www.stockexpertai.com/stock/googl)
- [MSFT](https://www.stockexpertai.com/stock/msft)
- [SBUX](https://www.stockexpertai.com/stock/sbux)
- [POL](https://www.stockexpertai.com/stock/pol)
- [USDC](https://www.stockexpertai.com/stock/usdc)

## Frequently Asked Questions

### How are geopolitical events impacting the stock market?
Geopolitical tensions, such as those stemming from the US-Iran conflict, can create market uncertainty and volatility. Events like oil tanker incidents and potential military actions can lead to a risk-off sentiment, influencing investor behavior and potentially impacting specific sectors like energy and technology. Investors often seek safe-haven assets during these times.

### Which tech stocks are performing well today?
Today, MSFT showed positive performance, contributing to the overall strength in the technology sector. While AAPL and GOOGL experienced slight dips, the overall tech sector, as reflected in the QQQ, saw gains. This highlights the varying performance within the tech sector and its impact on broader market indices.

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_AI-generated under human editorial supervision. Educational research, not financial advice._