State Street SPDR S&P 500 ETF Trust is trading 1.7% up today as investors rotate back into large-cap U.S. equities following a two-day inflation- and geopolitics-driven selloff.

  • Markets are reassessing earlier fears from hotter CPI/PPI data and Middle East tensions, reflecting a broad risk-on tone.
  • Pre-market futures are pointing higher alongside other major indices, signaling a recovery for the S&P 500.