SPMO is trading at $156.52 (+1.51%) as a broad risk-on tone lifts large-cap technology exposure following a U.S.-Iran ceasefire.
- Nasdaq-100 and S&P 500 futures are both trending higher, providing a significant tailwind for information technology holdings.
- Stronger pre-market sentiment and AI optimism are helping to offset recent pressure stemming from Apple’s chip-cost warning.