🟢 Large Blend ETF (SPMO) is trading 1.55% up today on semiconductor rally tied to AI-infrastructure demand

SPMO is trading at $153.56 (+1.55%) as softer-than-expected July PPI reduced rate-hike concerns and supported growth-stock valuations.

• Information technology is leading as semiconductor shares rally on strong AI-infrastructure demand; NVIDIA gained 3.03%, and the Philadelphia Semiconductor Index rose 2.49%.
• The Nasdaq Composite gained 0.82%; strong Supermicro and CoreWeave results reinforced confidence in continued AI spending, while NVIDIA’s $500 billion financing initiative adds another sector-level catalyst.