SPY is trading modestly higher at $751.33 (+0.80%), reflecting a rebound in technology and AI-related stocks as risk-off sentiment eases.
- The move follows a sharp selloff tied to U.S.-Iran tensions and a spike in oil prices during the previous session.
- Investors are selectively rotating back into growth and semiconductor names, though geopolitical risk remains elevated.
- The ETF's performance is broadly in line with gains seen across the S&P 500 and Nasdaq.