🟢 SPY is trading 0.87% up today on Fed rate hold and strong Dow earnings

SPY is trading 0.87% higher mid-session on April 30, 2026, as the Federal Reserve held interest rates steady at 3.50–3.75% in Jerome Powell's final meeting.

• Strong Q1 earnings from Dow components Caterpillar (+10%) and Eli Lilly (+10%) are leading the rally, offsetting tech weakness in Meta and Microsoft.
• Easing oil prices to $109.80/barrel from recent peaks also supports sentiment, with the Dow up 1.6% outpacing the S&P 500's gains.