SPY DAILY MARKET RECAP

SPY -1.40% | $661.43

Market Overview

SPY DROPS OVER 1% ON FOMC WEDNESDAY DESPITE POSITIVE PPI; ALL 11 SECTORS RED! ENERGY TOPS - CONSUMER STAPLES CRUSHED.

Key Metrics

Opening Price

$668.36

Closing Price

$661.43

EXCEEDED Tuesday expected move ($676.00 - $665.00)

Daily Range

$669.72 - $661.19

Daily Change

-$9.36 (-1.40%)

From previous close of $670.79

Expected Move for THU 3/19/2026

$668.00 - $655.00 (±0.99%)

Options Flow & Gamma Exposure

Open Interest for THU 3/19/2026

280,484

+40,036 (+16.65%) from Wednesday

Volume

80.91M

+16.04M (+24.72%) from Tuesday

IV Rank

31.70%

+7.77% from Tuesday

Gamma Flip Point

$684.55

+$1.76 (+0.26%) from Tuesday

Call Wall

$670.00

-$10.00 from Tuesday

Put Wall

$660.00

Unchanged from Tuesday

Sector Performance (1 Day)

All 11 Sectors Red

Relative Outperformers:
1. Energy (XLE): $58.43 | -$0.08 (-0.14%)
2. Industrials (XLI): $165.18 | -$1.32 (-0.79%)
3. Utilities (XLU): $46.73 | -$0.40 (-0.85%)
4. Technology (XLK): $137.96 | -$1.58 (-1.13%)
5. Financials (XLF): $48.97 | -$0.59 (-1.19%)

Laggards:
1. Communication Services (XLC): $113.66 | -$1.71 (-1.48%)
2. Real Estate (XLRE): $42.02 | -$0.70 (-1.64%)
3. Health Care (XLV): $147.14 | -$2.50 (-1.67%)
4. Materials (XLB): $48.48 | -$1.04 (-2.10%)
5. Consumer Discretionary (XLY): $110.57 | -$2.61 (-2.31%)
6. Consumer Staples (XLP): $82.64 | -$2.06 (-2.43%)

More sector info available at SSGA.COM

GMC DOES NOT PROVIDE TRADING ADVICE OR GIVE DIRECTIONAL BIAS - ALL DATA SOURCED PUBLICLY

BACK TO SPY DAILY