🟢 S&P 500 ETF (SPY) is trading 0.8% up today after Fed raised rates 25 basis points

SPY is trading at $759.75, up +0.8%, as investors largely absorbed the Federal Reserve’s anticipated 25-basis-point rate hike.

• The Fed raised its target range to 3.75%-4.00%, while guidance for another increase kept gains measured.
• SPY is recovering from the September 16, 2026 decline; S&P 500 futures rose approximately 0.5%, alongside Nasdaq and Dow futures.
• Higher Treasury yields and a stronger dollar remain constraints on technology and other rate-sensitive sectors.