SPY is trading at $757.12, up +0.19% in pre-market trading versus the October 30 close of $755.72, as S&P 500 futures rose about 0.4% early November 2, signaling a tentative rebound after Friday’s tech-led selloff.
- Investors reassessed AI spending and earnings concerns after sharp losses in Intel and Amazon; Apple’s after-market results were in focus.
- Lower oil prices amid hopes for US-Iran diplomacy offered some relief; October ISM manufacturing data was due at 10:00 a.m.