VOO is trading 1.06% up mid-session as markets rally following the announcement of an indefinite extension to the U.S.-Iran ceasefire.
- The diplomatic breakthrough has significantly eased geopolitical tensions, helping investors overlook ongoing naval incidents in the Strait of Hormuz and oil prices surging above $100/barrel.
- Technology shares are leading the broader market gains with the NASDAQ up 1.57%, as anxieties surrounding Fed nomination issues and yesterday's mixed close have largely faded.