🟢 S&P 500 ETF (IVV) is trading 1% up as U.S.-Iran diplomacy hopes push oil lower

IVV is trading at $766.78, up +1.00%, as hopes for U.S.-Iran diplomacy pushed oil prices sharply lower, easing energy-cost and inflation concerns.

• The S&P 500 is rebounding from Friday’s sell-off, with Reuters and Bloomberg reporting technology shares are recovering.
• Investors are looking ahead to Apple’s earnings after the close.