SPYG is trading at $122.41, up +2.76% in pre-market as rate-sensitive positioning focuses on the September 16, 2026 FOMC decision.

  • U.S. equity futures are higher, with Nasdaq futures up 0.39%, supporting growth-oriented technology exposure.
  • The decision includes the Summary of Economic Projections, and the 08:30 ET retail-sales release is scheduled before the Fed announcement.
  • Elevated Treasury yields and continuing AI-sector weakness remain offsetting risks, while NVIDIA-related pressure has recently weighed on chip stocks.