SPMO is trading 1.9% up today as its information technology exposure benefits from a sector rebound and renewed AI optimism following last week’s semiconductor selloff.
- Futures for the Nasdaq-100 and S&P 500 are higher as traders position ahead of Big Tech earnings that will test the durability of the AI infrastructure trade.
- Market participants are closely monitoring whether upcoming financial results can overcome headwinds from ongoing geopolitical tensions.