S&P 500 ETF (SPY) is trading 0.3% higher today on reports of a tentative U.S.–Iran ceasefire extension and continued optimism surrounding AI-driven technology names.

  • Improved geopolitical sentiment is easing global inflation and oil concerns, fostering a constructive risk tone across the S&P 500, Nasdaq, and Dow.
  • Tech-heavy large-cap indices are seeing significant support from gains in AI-focused companies such as Dell and Snowflake.
  • The upward momentum persists despite a quiet session with no major U.S. economic data releases scheduled.