Jeffrey Roach

As the Federal Reserve continues to grapple with historically high inflation, new data shows that wage growth may finally be headed lower after accelerating for nearly two years. What Happened: New data from employment platform Indeed's economic research lab shows that wages appear to be...

Homebuilder stocks traded lower on Wednesday after yet another economic data point indicated the downturn in the U.S. housing market has continued in November. What Happened? The National Association of Home Builders monthly housing market index came in at 33 for November, down from 38 in October...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday after the Labor Department reported strong U.S. jobs market numbers from October. The U.S. added 261,000 jobs in October, beating average economist estimates of 205,000 jobs. The unemployment rate increased 0.2% to 3.7%, above...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.5% on Wednesday morning morning ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET. The bond market is pricing in a 90.2% chance of a fourth consecutive 0.75% rate hike this afternoon, according to CME...

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June and July in an attempt to get inflation under control. Investors wondering if the Fed will pull the trigger on a third 0.75% hike at its next meeting this week got some key inflation data last week suggesting the Fed may...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday morning after the Labor Department reported strong U.S. jobs market numbers from August. The U.S. added 315,000 jobs in August, beating average economist estimates of 298,000 jobs. The unemployment rate increased 0.2% to 3.7%, above...

The Federal Reserve raised its target fed funds rate by 0.75% on Wednesday to a new range of between 2.25% and 2.5%, its second 0.75% rate hike in two months. The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 3% on Wednesday afternoon following the rate hike and bullish commentary from...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher in a volatile session on Wednesday following the Federal Reserve's largest interest rate hike since 1994. The Federal Open Market Committee opted to raise fed funds rates by 0.75% on Wednesday to a new target range of between 1.5%...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1% Friday morning after the Labor Department reported strong U.S. jobs market numbers from May. The U.S. added 390,000 jobs in May, beating consensus economist estimates of 325,000 jobs. The U.S. unemployment rate remained at 3.6%, slightly...

Persistently elevated inflation and a slowing economy are taking their toll on U.S. consumer confidence, and it could spell bad news for the SPDR S&P 500 ETF Trust (NYSE: SPY). What Happened? U.S. consumer confidence dropped to a three-month low in May, according to the Consumer Confidence...

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 SPY (NYSE: SPY) traded higher by 0.9% on Tuesday morning after the Labor Department reported an 8.5% increase in the consumer price index in the month of March, the highest inflation growth since 1981. What Happened: The headline CPI rose 8.6% in March, above...