S&P 500 ETF (SPY) is trading 0.5% higher today as easing Treasury yields and retreating oil prices bolster global risk sentiment.

  • Mega-cap tech stocks are seeing significant momentum following NVIDIA’s better-than-expected earnings report and new share buyback announcement.
  • With a light U.S. economic calendar, the index is primarily reacting to improved risk appetite and continued strength across growth-oriented sectors.