SPYG is trading at $120.85, up +1.55% in pre-market amid a broad risk-on rebound after the Federal Reserve’s 25-basis-point hike on September 16 removed immediate policy uncertainty.
- U.S. futures are higher, led by Nasdaq futures; Alphabet and Meta gained more than 1% before the bell.
- AI infrastructure, Intel, AMD, and optical-networking companies strengthened, supporting the information technology allocation.
- Housing data and easing oil prices may further support risk appetite.