SPY is trading at $771.67, up +0.85%, as oil prices stabilize despite escalating Iran-related geopolitical risks.

  • Markets are broadly higher as stable oil reduces immediate inflation and interest-rate fears; resilient services activity and easing Treasury yields are supporting risk appetite.
  • Strong results from Snowflake and gains in Nvidia are lifting technology shares.
  • Investors remain focused on Friday's employment report for Federal Reserve guidance.