IVV is trading 1% up after August CPI showed annual inflation of 3.4%, matching expectations and reducing immediate fears of a larger upside surprise.

  • Futures had rebounded ahead of the release as investors assessed elevated rate-hike odds and Treasury yields.
  • Easing oil prices are supporting sentiment after recent geopolitical tensions pushed Brent crude above $100.
  • Broad gains across major indexes point to a market-wide relief rally, not an IVV-specific catalyst.