SPY is trading 0.9% up today as markets rally following President Trump's indefinite extension of the U.S.-Iran ceasefire, which has significantly eased fears of Middle East escalation.
- The geopolitical relief is lifting the broader market, with the S&P 500 up 0.89%, the NASDAQ gaining 1.37%, and the Dow rising 0.59%.
- Positive sentiment has overshadowed mixed corporate headlines, including a CEO transition at Apple and an earnings beat from Boeing.
- With no major U.S. economic data scheduled for release today, investors remain focused on the de-escalation of international tensions as the primary market driver.