SPTE is trading at $50.40, +3.45%, after softer-than-expected July PPI supported growth-stock valuations and reduced expectations for near-term Federal Reserve tightening.
- The S&P 500 information technology index gained 1% on August 13, 2026, while technology stocks led broader equities higher.
- Overnight strength in AI infrastructure and semiconductor shares, including Super Micro Computer after raised guidance, added sector momentum.
- Nasdaq futures were up modestly, indicating technology was outperforming the broader mixed market.