SPY is trading at $769.74, up 0.60%, as lower oil volatility and steadier Treasury yields ease immediate inflation and rate concerns.
- Gains in technology shares, including strong Snowflake results, reinforced the broader risk-on tone.
- The S&P Global Services PMI improved to 56.8 from 54.6, signaling resilient economic activity.
- Investors remain cautious as Middle East escalation keeps Brent crude near $95–$96 per barrel; upcoming trade data and employment indicators could renew volatility.