SPY Will Close Above $760 After Fed Holds Rates

SPY will close above $760 on October 29. Investors and fund managers will pile into equities after the Federal Reserve voted 10-2 to keep its benchmark rate at 3.75%-4% and after the S&P 500 closed at 7,743.98 on October 28. The SPDR S&P 500 ETF will build on its prior-session $772.31 close and aft…