🟢 SPY is trading 1.1% up today as cooling JOLTS data fuels Fed rate cut expectations

SPY is trading 1.1% up as cooling JOLTS data signals a softening labor market, fueling investor optimism for earlier Federal Reserve rate cuts.

• March JOLTS data showed job openings cooling to 6.9 million, a key indicator for the Fed's policy trajectory.
• The broader market is advancing strongly, with E-mini S&P 500 futures up 0.93% overnight.
• Tech and growth sectors are leading the advance, supported by positive earnings momentum and reduced rate-cut uncertainty.