XSD is trading at $496.81, up +3.67%, as investors absorb the Federal Reserve’s anticipated 25-basis-point rate hike and shift toward risk assets after the decision removed immediate policy uncertainty.
- Treasury prices and crude oil eased, supporting growth-stock valuations.
- The Nasdaq Composite rose 1.41%, with Intel, AMD, and Nvidia gaining.
- Softer housing data may support lower future rates, while better-than-expected jobless claims provided additional economic support.