🟢 IVV is trading 1.2% up today as strong manufacturing data and yen stabilization lift sentiment

IVV is trading 1.2% up today as investors respond to strong U.S. manufacturing data and a boost in global risk appetite.

• Equities are holding gains despite fresh Iran-related attacks near the Strait of Hormuz, supported by solid economic indicators and ongoing optimism following the U.S.–Japan joint intervention to stabilize the yen.
• Global risk sentiment remains firm, bolstered by lingering support from easing Middle East tensions that drove Monday’s rally.
• Solid manufacturing data continues to underpin market strength, helping the S&P 500 tracking ETF maintain its upward trajectory amid broader economic stability.