Official U.S. CPI releaseTue, May 13April 2025
QQQ / SPY · Complete month
May 2025
Replay May 2025 through QQQ/SPY closing paths, intraday turns, recurring news themes, and every daily curve.
- Review days
- 31
- Trading days
- 21
- News
- 2,867
- Recurring news themes
- 6
2025-05-01 — 2025-05-31
Monthly performance
QQQ +9.18%SPY +6.30%
QQQ ended at +9.18% and SPY at +6.30% 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
Mon, May 12QQQ +4.06%SPY +3.28%
138 news items Weakest QQQ sessionWeakest SPY session
Wed, May 21QQQ -1.39%SPY -1.67%
113 news items Largest QQQ–SPY divergence
Tue, May 13QQQ +1.52%SPY +0.66%
QQQ led SPY by 0.87 pp
142 news itemsStrongest intraday rebound
Fri, May 30QQQ -0.15%SPY -0.10%
Rebound after the intraday low · QQQ +1.62% · SPY +1.28%
85 news itemsCalmest session
Wed, May 14QQQ +0.60%SPY +0.12%
Intraday range · QQQ +0.61% · SPY +0.54%
117 news itemsBusiest news day
Tue, May 6QQQ -0.93%SPY -0.84%
167 news items Recurring news themes
See which themes kept returning during the month and how many review days they appeared in.
01
China
21 related news items · 14 review days
23.6%-0.8 pp vs prior 3 months
02Earnings
13 related news items · 10 review days
14.6%-0.8 pp vs prior 3 months
03CPI
10 related news items · 8 review days
11.2%+5.1 pp vs prior 3 months
04Jobs report
18 related news items · 7 review days
20.2%+1.9 pp vs prior 3 months
05FOMC
8 related news items · 7 review days
9.0%+0.9 pp vs prior 3 months
06AI
5 related news items · 5 review days
5.6%+0.3 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.