Macro Reaction

How SPY (S&P 500 ETF) reacts to macro news

SPY (S&P 500 ETF) has data for 48 scheduled macro releases across 8 event types.

Next release that moves SPY: FOMC rate decision,

History still loading: SPY/QQQ come from IEX HIST and are being backfilled (34 release days fetched so far). Small samples; US events only; regular hours, so 08:30 ET releases are measured from the 09:30 open.

Average size of the SPY move after each event, +1h (absolute %, scheduled releases). Tap a bar for every release.

Every event, ranked

Average absolute move after scheduled releases, % of releases where SPY was higher at +1h, the first-hour move vs a normal hour (crypto only), and the number of releases. Click a column to sort; click an event for every release.

Event+5m+1h+4h% up +1hvs normal hourn
FOMC rate decision small n0.29%0.56%–25%–4
US GDP (advance estimate) small n0.09%0.35%0.51%100%–1
US PCE inflation (Personal Income and Outlays) small n0.09%0.24%0.46%67%–6
US initial jobless claims small n0.11%0.24%0.48%82%–11
US Nonfarm Payrolls (NFP) small n0.06%0.22%0.50%67%–6
US Consumer Price Index (CPI) small n0.13%0.21%0.39%43%–7
US Producer Price Index (PPI) small n0.11%0.19%0.43%86%–7
US retail sales small n0.08%0.15%0.27%67%–6

Past releases, not a forecast. Averages hide big differences between individual releases; open an event to see them all.

Backtest SPY rules →

Other markets

BTCETHSOLXRPLTCDOGELINKADATAOGBP/USDSPYQQQ