SPY is trading at $739.25 (+1.41%) as geopolitical tensions ease and technology stocks stage a broad recovery.

  • Gains are being driven by improved geopolitical sentiment after U.S.-Iran de-escalation reduced the recent risk premium.
  • A broad rebound in technology and AI-linked stocks is lifting the index, with Nasdaq strength leading the move.
  • The advance matches the broader market, as S&P 500 and Nasdaq futures are both higher with no major U.S. macro releases weighing on sentiment.