SPY is trading 0.80% up today as strong semiconductor earnings and easing geopolitical tensions lift the tech-heavy index.
- Intel (+25-30%) and Texas Instruments (+19%) are driving gains following robust earnings reports, offsetting yesterday's oil-driven decline.
- Geopolitical fears eased slightly due to a 72-hour diplomatic window in Iran talks and a ceasefire extension in the Israel-Lebanon conflict.
- Broader market caution remains ahead of upcoming Fed and ECB meetings, with the Dow down 0.07% as energy sector volatility persists.