Official U.S. CPI releaseTue, May 12April 2026
QQQ / SPY · Complete month
May 2026
Replay May 2026 through QQQ/SPY closing paths, intraday turns, recurring news themes, and every daily curve.
- Review days
- 31
- Trading days
- 20
- News
- 2,301
- Recurring news themes
- 6
2026-05-01 — 2026-05-31
Monthly performance
QQQ +10.56%SPY +5.25%
QQQ ended at +10.56% and SPY at +5.25% 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 sessionLargest QQQ–SPY divergence
Fri, May 8QQQ +2.33%SPY +0.81%
QQQ led SPY by 1.51 pp
44 news itemsWeakest QQQ sessionWeakest SPY session
Fri, May 15QQQ -1.51%SPY -1.21%
142 news items Strongest SPY session
Wed, May 6QQQ +2.05%SPY +1.38%
38 news items Strongest intraday rebound
Tue, May 12QQQ -0.85%SPY -0.15%
Rebound after the intraday low · QQQ +1.55% · SPY +0.94%
148 news itemsCalmest session
Tue, May 5QQQ +1.29%SPY +0.80%
Intraday range · QQQ +0.70% · SPY +0.45%
59 news itemsBusiest news day
Tue, May 19QQQ -0.61%SPY -0.66%
156 news items Recurring news themes
See which themes kept returning during the month and how many review days they appeared in.
01
Geopolitics
81 related news items · 24 review days
59.6%-2.9 pp vs prior 3 months
02China
16 related news items · 10 review days
11.8%+8.4 pp vs prior 3 months
03Jobs report
16 related news items · 6 review days
11.8%+1.5 pp vs prior 3 months
04Earnings
4 related news items · 4 review days
2.9%-2.0 pp vs prior 3 months
05AI
3 related news items · 3 review days
2.2%-0.6 pp vs prior 3 months
06CPI
3 related news items · 3 review days
2.2%-1.5 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.