🟢 SPDR S&P 500 ETF Trust is trading 2.1% up today after rebounding from Fed meeting shock

SPDR S&P 500 ETF Trust is trading 2.1% up today at $19230.00 as it rebounds from the June 17 Federal Reserve meeting shock that initially pulled equities lower.

• The Fed held interest rates at 3.50%-3.75% and signaled no cuts in 2026, which initially drove the ETF down 1.05% alongside a 1.03% drop in the S&P 500.
• Buyers have stepped back in over the last two sessions as investors reassess the macro backdrop and inflation risks following the hawkish signals.