🟢 Real Estate ETF (SPRE) is trading 3.39% up in pre-market as July CPI matched expectations

SPRE is trading 3.39% higher in pre-market after July CPI matched expectations, easing fears of an imminent Fed hike.

• Lower short-term Treasury yields support rate-sensitive REITs; Asian markets and U.S. equity futures are modestly higher.
• The August 13 PPI release is a near-term risk: a hotter result could reverse pre-market gains.
• Move appears sector-wide and macro-driven, not tied to SPRE’s August 12 Morgan Stanley logistics-property transaction; broader real-estate strength aligns with easing rate expectations, though longer-term yields remain elevated.