Spear Alpha ETF is trading 3.5% up at $57.25 as information technology and growth sectors benefit from a strong global risk-on tone and easing inflation fears.
- A tentative U.S.–Iran peace deal is driving lower oil prices, which supports long-duration tech and AI names by reducing interest rate concerns.
- The fund is seeing positive follow-through after last week's rebound, bolstered by Nasdaq futures rising over 2% and broad sector enthusiasm for artificial intelligence.