Spear Alpha ETF is trading at $56.76 (+1.99%) as after-hours strength driven by AI optimism and sector support offsets earlier pressure from a hawkish Federal Reserve.
- The move is tied to renewed AI infrastructure demand following a strong earnings report from Jabil and positive sentiment surrounding Nvidia’s bond sale.
- Gains come despite a hawkish tone from Fed Chair Warsh and official signals that interest rates will remain steady without cuts through 2026.
- As a fund heavily weighted toward information technology, the ETF is reacting to late-session sector rotation and catalysts within the AI infrastructure complex.