🟢 SPYG is trading 1.6% up today as tech rebounds on easing geopolitical risks and rate concerns

SPYG is trading 1.6% up today as the information technology sector rebounds amid easing geopolitical tensions and falling oil prices.

• Investors are rotating back into large-cap growth stocks ahead of Big Tech earnings and the upcoming Federal Reserve interest rate decision.
• A pause in U.S.–Iran hostilities led to a decline in oil prices overnight, alleviating inflation concerns and boosting risk appetite in U.S. equity futures.
• The ETF is benefiting from its heavy weight in the technology sector as market sentiment improves and growth sectors lead the market rally.