SPY is trading at $738.60, up +0.45% on November 9, 2026, as AI infrastructure optimism faces regulatory uncertainty. - U.S. equity futures were mixed, with inflation data due Tuesday. - September data center construction reached a $96.5 billion annualized rate, up 90% year over year, supporting the AI infrastructure outlook. - Post-election regulation could slow data center expansion; the supplied premarket price indicates a modest gain, not a move of 3% or more.