Spy futures price analysts mention "SPY futures price"

Analysts mention "SPY futures price" resilience despite geopolitical uncertainties, citing robust U.S. corporate buyback activity as a support factor. The US Sep ISM services index fell -2.0 to a 4-month low of 50.0, weaker than expectations of 51.7. The Sep ISM services price paid sub-index unexpectedly rose +0.2 to 69.4, higher than expectations of a decline to 68.0. Over the past 30 years, /ES has been priced higher than SPX during four significant periods. These periods align with when the Federal Reserve raised interest rates, highlighting the influence of interest rate changes on the /ES and SPX price gap. Technical charts show the "SPY futures price" consolidating in a narrow range between 5,015 and 5,060, which traders often interpret as a setup for a sharp directional move post-FOMC minutes release.