SPMO is trading 1.8% up in pre-market, mirroring renewed strength in the information technology sector that makes up over half of its portfolio.
- Bullish momentum follows a powerful tech-led rally driven by lower energy-inflation fears and strong ISM manufacturing data, which lifted the Nasdaq nearly 3%.
- Gains are being reinforced by higher Nasdaq futures, optimism around AI-related chipmakers, and supportive global risk sentiment following joint U.S.–Japan currency intervention.