IVV is trading at $740.03 (+1.35%) as geopolitical risk premiums ease following reports of a potential U.S.-Iran ceasefire and resumed negotiations.
- Pre-market gains are tracking S&P 500 futures up 0.65%, reflecting improved overnight risk appetite and a sector-led rebound in large-cap tech stocks.
- With no major U.S. macro data scheduled for today, traders are focusing on futures strength as recent market weakness tied to AI-cost concerns begins to fade.