🔴 VOO is trading 1.3% down today as Fed holds rates amid oil shock and hot PPI data

VOO is trading 1.3% down today as the Federal Reserve held interest rates at 3.50%-3.75%, citing persistent inflation risks from the Strait of Hormuz crisis and oil prices surging above $100 per barrel.

• The central bank signaled fewer rate cuts in 2026 following accelerated February PPI data, which has reignited market fears regarding sticky inflation.
• Treasury yields climbed to 4.224% and the VIX rose to 23.21, weighing on broader equities as the Dow fell 1.62% and the Nasdaq dropped 1.32%.