SPY is trading 0.9% up today following President Trump's indefinite extension of the U.S.-Iran ceasefire, which has significantly eased fears of a Middle East escalation and sparked a broad market rally.
- Geopolitical relief is driving gains across major indices, with the NASDAQ up 1.37% and the Dow up 0.60%, overshadowing mixed corporate news such as Apple's CEO transition.
- Bullish sentiment is reinforced by high options volume and a strong earnings beat from Boeing, supporting the upward momentum mid-session.