S&P 500 ETF (SPY) is trading at $739.39 (+0.77%) as investors buy back large-cap growth and technology stocks following Tuesday’s yield-driven pullback.
- Easier bond yields are supporting a recovery in long-duration equities, with the Nasdaq leading the broader market rebound.
- Markets are focused on NVIDIA’s earnings report after the close, which serves as a critical barometer for AI sentiment.
- Broader support is coming from a steadier risk tone, aided by lower oil prices and a slight easing in interest rate fears.