S&P 500 ETF (VOO) is trading 0.9% up today as the index rebounds from a bond-driven selloff, supported by easing long-term Treasury yields and improved risk appetite.
- Rate-sensitive growth stocks, particularly large-cap tech, are leading the gains as yields soften and market sentiment shifts.
- Investors are positioning ahead of Nvidia’s highly anticipated earnings report, a critical sentiment driver for the AI and semiconductor sectors.
- In the absence of major economic data releases, market flows are being primarily dictated by yield movements and broader risk-on sentiment.