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SPY Rose By 1.25% as Volatility declines on September 15

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...