The S&P 500 index, tracked via the VOO exchange-traded fund, closed flat on December 10, 2025, as traders paused ahead of the Federal Reserve’s upcoming interest rate announcement. Market participants awaited key signals on the future trajectory of monetary policy.
- S&P 500 closed flat at 5,412.37 on December 10, 2025
- VOO ETF registered a 0.01% daily change
- 68% market probability of a Fed rate hold
- 10-year U.S. Treasury yield at 4.23%
- VIX rose to 17.34 amid policy uncertainty
- Financials and tech sectors showed modest gains
The S&P 500 index, represented by the VOO ETF, ended the session unchanged at 5,412.37, maintaining a narrow trading range throughout the day. Investor sentiment remained subdued as anticipation built around the Federal Reserve’s December policy meeting, scheduled for the following week. With markets pricing in a 68% probability of a hold in the federal funds rate, the absence of immediate policy shifts kept equities in a state of equilibrium. Financials and technology sectors were the primary contributors to market stability, with the financial sector index rising 0.12% and tech stocks edging up 0.07%. Consumer discretionary shares dipped 0.21%, reflecting cautious spending outlooks ahead of the holiday season. The VOO ETF, which tracks the S&P 500, reported a 0.01% daily change, underscoring the lack of directional momentum in the broader market. Market volatility, as measured by the CBOE Volatility Index (VIX), rose to 17.34, indicating elevated risk appetite sensitivity to upcoming macroeconomic data. Treasury yields remained steady, with the 10-year U.S. yield at 4.23%, reflecting expectations of a prolonged pause in rate hikes. The Federal Reserve’s policy statement and dot plot projections will be closely monitored for hints on the timing of potential rate cuts in 2026.