Daily WrapSep 17, 08:25 PM
US Stocks End Firm, VIX Slips, Yields Ease After Fed Hike
US equities closed higher, with S&P 500 ETF up 1.1219% and Nasdaq 100 ETF up 1.6503%, while the VIX fell 10.1744% and the US 10-year yield eased to 4.95 after the Fed’s 25 bps hike to 3.75%-4.00%.
Nasdaq 100 ETF 1.6503%Lower yields and post-Fed risk appetite
S&P 500 futures 1.079%Fed afterglow and easing Treasury yields
VIX -10.1744%Improved risk tone after the Fed
WTI crude -1.2008%Oil rally lost steam
Lead: US stocks finished firm after the Fed’s 25 bps hike to 3.75%-4.00%, with the Nasdaq leading and volatility sliding. Session narrative: S&P 500 ETF rose 1.1219%, Nasdaq 100 ETF gained 1.6503%, and Dow ETF added 0.588%. Futures matched the tone, while the VIX dropped 10.1744%. Cross-asset check: Long-duration Treasuries gained 1.1499%, the ten-year yield eased to 4.95, the dollar index was 100.22, and USD/JPY was 156.018. Themes & continuing stories: Oil lost momentum, with WTI at 101.2 and Brent at 104.13, helping cool rate pressure. The Fed’s signal that another hike could be warranted this year remains the key policy overhang. What’s ahead: Traders will watch whether the equity rebound extends and whether energy headlines keep shaping yields and the risk tone.