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The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower Friday morning after the Bureau of Economic Analysis reported a 5.4% increase in the personal consumption expenditures (PCE) price index in the month of January, the latest signal the Federal Reserve is struggling to bring down...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported blowout U.S. jobs market numbers from January. The U.S. added 517,000 jobs in January, beating average economist estimates of 187,000 jobs. The unemployment rate dropped to 3.4%, below economist...

The Fed confirmed its latest hike on the federal funds rate of 0.25% on Wednesday afternoon. The decision to slow down the pace of hikes was seen as a sign the economy was responding positively to last year's hard tightening measures. The current federal funds rate is currently at between 4.5% and...

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 0.3% on Friday morning after the Bureau of Economic Analysis (BEA) reported a 5% increase in the personal consumption expenditures (PCE) price index in the month of December, the latest signal that inflation is trending steadily lower....

The U.S. economy grew more than economists had predicted in the fourth quarter, a welcome sign for bullish investors. Two experts were in agreement on how the Federal Reserve will respond to Thursday's print. What Happened: U.S. gross domestic product (GDP) ...

Indeed, sweeping layoffs in the tech sector over the last couple of months are troubling, but a curious phenomenon has emerged. The number of new first-time applications for unemployment benefits actually decreased, according to Thursday’s jobs report. What Happened: After seasonal...

Editor's note: this story has been updated to accurately reflect economist expectations for the November CPI readout.  The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.2% on Monday ahead of a critical consumer price index (CPI) inflation reading on Tuesday morning. Economists...

The Federal Reserve raised its target fed funds rate by 0.75% on Wednesday to a new range of between 2.25% and 2.5%, its second 0.75% rate hike in two months. The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 3% on Wednesday afternoon following the rate hike and bullish commentary from...

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 SPY (NYSE: SPY) traded lower by 2% on Friday morning after the Labor Department reported an 8.6% increase in the consumer price index in the month, the highest inflation reading in any month since 1981. What Happened: The headline CPI rose 8.6% in May, up from 8.3% in...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1% Friday morning after the Labor Department reported strong U.S. jobs market numbers from May. The U.S. added 390,000 jobs in May, beating consensus economist estimates of 325,000 jobs. The U.S. unemployment rate remained at 3.6%, slightly...

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 0.6% on Wednesday morning after the Labor Department reported an 8.3% increase in the consumer price index in the month, indicating inflation remains near 40-year highs. What Happened: The headline CPI rose 8.3% in April, down slightly...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 2.1% on Thursday after the Commerce Department said U.S. GDP declined 1.4% in the first quarter. What Happened: U.S. GDP unexpectedly declined 1.4% in the first quarter, falling well short of consensus economist estimates of 1% growth....

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded sharply higher on Wednesday after Federal Reserve chair Jerome Powell testified in front of Congress. Powell told the House of Representatives Financial Services Committee that Russia's invasion of Ukraine has created economic uncertainty, but...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Tuesday after the U.S. Labor Department reported a 9.7% increase in the producer price index in the month of January, far outpacing economist expectations. The PPI climbed 1% compared to December, double the 0.5% monthly increase...