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 NVIDIAβs 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.