Brian Price

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June and July in an attempt to get inflation under control. Investors wondering if the Fed will pull the trigger on a third 0.75% hike at its next meeting in September got some key inflation data on Wednesday morning...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1% on Tuesday after the latest reading of consumer confidence suggests U.S. shoppers are taking notice of rising prices and falling stocks. What Happened: The Conference Board's consumer confidence index dropped from 103.2 in May to...

The SPDR S&P 500 ETF Trust (NYSE: SPY) dropped 2.5% and the SPDR Dow Jones Industrial Average ETF Trust (NYSE: DIA) dropped 2.4% on Thursday morning after Russia launched an attack against Ukraine. What Happened? Russia invaded Ukraine overnight, with reports of missile strikes and...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.2% Friday morning after the Labor Department reported encouraging U.S. jobs market numbers from January. The U.S. added 467,000 jobs in January, beating consensus economist estimates of 150,000 jobs. The U.S. unemployment rate ticked...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.4% on Wednesday morning after the Labor Department reported a 7% increase in the consumer price index in the month of December, the fastest inflation growth since 1982. What Happened: The headline CPI rose 7% in November, in-line with...

The SPDR S&P 500 ETF Trust (NYSE: SPY) was down 1.9% in midday trading on Tuesday. Tech stocks were hit particularly hard as investors dumped Nasdaq stocks over concerns about rising 10-Year Treasury bond yields. Treasury yields are now near their highest levels since June after the Federal...

The Dow Jones Industrial Average eclipsed the 30,000 level for the first time on Tuesday. It took the Dow 17 years to make it from 10,000 to 20,000, but less than four years to reach the 30,000 level. The 30,000 level is a nice psychological milestone, but investors are already asking themselves...

The Dow closed at 29,950.44 while the S&P 500 closed at 3,626.91 after Moderna Inc (NASDAQ: MRNA) said its coronavirus vaccine has been more than 94% effective in preliminary clinical trials. The latest positive vaccine news comes just a week after Pfizer Inc. (NYSE: PFE) said...

The S&P 500 index marked a major milestone this week, closing at its first record high since the coronavirus outbreak began wreaking havoc on the U.S. economy back in February. Monday’s closing price of 3,389.78 market uncharted territory for the S&P 500, but many investors are...