SPY and EWU Rise Ahead Of the Federal Reserves’ September Meet SPY and oil up on Tuesday, September 15 The SPDR S&P 500 ETF (SPY) climbed 1.25% on Tuesday, September 15 ahead of the Fed’s meeting on September 16-17, 2015. Although there are split views on whether the September meet decides the rate hike or the decision gets postponed till December 2015 meet, a strong rally was observed across all the component sectors of SPY. US investors displayed confidence in the US stock market on the grounds of economic indicators pointing towards a stronger US economy. The Volatility S&P 500 Index (VIX) fell by 7.05% on the day. The graph below depicts... More