SPY is trading 0.8% higher today, continuing a modest rebound from last week’s tariff-driven volatility as global risk-on sentiment improves.
- Asian equities rallied and oil prices fell following a pause in Gulf fighting, helping to alleviate near-term inflation and growth concerns.
- Investors are looking ahead to durable goods orders, which are expected to show solid growth and provide further support for large-cap U.S. equities.