Official U.S. CPI releaseWed, Mar 12February 2025
QQQ / SPY · Complete month
March 2025
Replay March 2025 through QQQ/SPY closing paths, intraday turns, recurring news themes, and every daily curve.
- Review days
- 31
- Trading days
- 21
- News
- 3,105
- Recurring news themes
- 6
2025-03-01 — 2025-03-31
Monthly performance
QQQ -7.72%SPY -5.90%
QQQ ended at -7.72% and SPY at -5.90% from the previous regular close before the month.
Monthly change runs from the final trading-day close before the month to the final trading-day close of the month. Each point on the chart is a trading-day close.
Sessions worth replaying
Strongest QQQ sessionStrongest SPY session
Fri, Mar 14QQQ +2.41%SPY +2.06%
95 news items Weakest QQQ sessionWeakest SPY sessionLargest QQQ–SPY divergence
Mon, Mar 10QQQ -3.76%SPY -2.63%
SPY led QQQ by 1.13 pp
135 news itemsStrongest intraday rebound
Fri, Mar 7QQQ +0.74%SPY +0.55%
Rebound after the intraday low · QQQ +2.53% · SPY +2.02%
121 news itemsCalmest session
Tue, Mar 25QQQ +0.57%SPY +0.22%
Intraday range · QQQ +0.60% · SPY +0.45%
134 news itemsBusiest news day
Wed, Mar 19QQQ +1.32%SPY +1.07%
170 news items Recurring news themes
See which themes kept returning during the month and how many review days they appeared in.
01
China
9 related news items · 9 review days
11.4%-2.7 pp vs prior 3 months
02Earnings
10 related news items · 8 review days
12.7%+0.8 pp vs prior 3 months
03Jobs report
16 related news items · 6 review days
20.3%-5.2 pp vs prior 3 months
04Tesla
12 related news items · 6 review days
15.2%+9.8 pp vs prior 3 months
05Geopolitics
6 related news items · 6 review days
7.6%+4.9 pp vs prior 3 months
06CPI
7 related news items · 4 review days
8.9%-0.9 pp vs prior 3 months
Topic counts are descriptive coverage measures. They do not measure price impact.
CPI
Official event-study dates
All daily reviews
Trading days show QQQ/SPY closing moves alongside the day’s news. Market-closed dates keep their news timelines.