SPMO is trading 1.66% up today, benefiting from a broad technology-led risk-on move led by semiconductors and AI-linked stocks.

  • Nasdaq-100 futures rose 1.1%, while semiconductor ETFs and major chipmakers advanced as lower oil prices and Treasury yields eased pressure on growth-stock valuations.
  • Positive U.S.-China trade and AI discussions ahead of the planned Trump-Xi summit improved technology sentiment; Asian technology markets also rallied into the U.S. open.