Producer prices and demand data
April producer prices fell 0.5% from March versus an expected 0.2% increase. Retail sales rose 0.1% and jobless claims held at 229,000, giving investors a mixed but softer inflation and demand update.
May 15, 2025 · QQQ/SPY Market Review · 51 headlines
SPY rebounds 0.44% while QQQ ends nearly flat with PPI and AI-policy news in focus
SPY rebounded 0.44% while QQQ finished nearly flat, leaving SPY ahead by 0.35 percentage points. April producer prices fell more than expected, and both funds gained after the 8:30 a.m. ET data. Powell's policy-framework reassessment kept the Fed outlook in focus, while U.S.-UAE chip, cloud and infrastructure agreements highlighted continued AI investment.
Published
- QQQ
- +0.09%
- SPY
- +0.44%
- QQQ − SPY
- -0.35%
What shaped the session
Fed framework review
Powell said officials would reconsider language on employment shortfalls and average inflation as part of a two-day review of the Fed's 2020 policy framework.
AI investment and infrastructure
A preliminary U.S.-UAE chip agreement, CoreWeave's new $4 billion OpenAI capacity contract and the first phase of a 5GW Abu Dhabi AI campus highlighted demand for compute infrastructure.
Key news
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