Bill Adams

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...