🟢 S&P 500 ETF (SPY) is trading 0.3% up as softer Iran sanctions ease energy concerns

SPY is trading $765.85 (+0.31%) as less-severe-than-feared U.S. sanctions on Iran reduced concerns about a major energy-supply disruption and supported risk appetite.

• Oil prices declined, easing inflationary pressure.
• Gains remained modest as investors positioned ahead of NVIDIA’s August 26 earnings and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole speech, keeping technology volatility elevated.