🟢 Large Blend ETF (SPMO) is trading 1.7% up in pre-market after July CPI eased rate concerns

SPMO is trading at $151.10 (+1.71%) as July CPI matched expectations, easing rate concerns.

• Core inflation rose 0.2% monthly and 2.5% annually; Nasdaq futures led gains as Treasury yields declined.
• Strong AI-related results lifted technology shares, with CoreWeave and Super Micro Computer surging pre-market, reinforcing semiconductor and cloud-computing optimism.
• Nvidia’s proposed $500 billion AI-infrastructure financing alliance further supported the sector’s growth narrative.