VOO is trading at $700.48 (+1.04%) as investors absorb the Federal Reserve’s anticipated 25-basis-point rate hike to 3.75%–4.00% without a deeper selloff.
- The removal of immediate policy uncertainty is supporting broad risk appetite.
- Falling crude prices are easing inflation concerns, while lower Treasury yields are supporting technology and other growth-heavy S&P 500 components.
- S&P 500 futures were recently up 0.8%, with Brent crude falling more than 2%.