SPY is trading at $772.39, up 0.35%, as the Fed held rates at 3.75%–4.00%, a widely expected decision. - Investors focused on Chair Warsh’s guidance and the inflation outlook. - Megacap weakness offset chip gains linked to SK Hynix results as investors awaited Microsoft and Alphabet earnings after the close. Consumer confidence rose to 91.7; the supplied after-hours quote was $772.00. The modest gain was consistent with a mixed, event-driven session.