iShares Core S&P 500 ETF is trading 1.1% up today as U.S. equities recover from the June 17 Federal Reserve shock that sent stocks lower after policymakers signaled no rate cuts through 2026.
- The move is consistent with broad market risk-on trading, with the S&P 500 and Nasdaq both higher and the technology sector leading the session.
- The ETF is trading near the upper end of its expected intraday range, suggesting buyers are stepping back in after yesterday’s decline.
- The rebound follows a period of volatility triggered by the Fed's decision to end forward guidance and maintain a hawkish stance on interest rates.