How SPY Behaved
SPY opened at 767.23 and finished 0.08% lower, closing at 766.60 after trading between 765.82 and 770.46.
The session low was recorded first, around 10:04 ET, before price later recovered to the session high around 11:37 ET. SPY finished in the lower quarter of its intraday range.

What Drove the Market
Across corroborating market coverage, the session included the following corroborated macro and sector context. Large-cap technology and semiconductor shares were an important index-level influence during the session. Attention also turned toward major retailer earnings for a read on consumer demand and margins.
Large-cap technology and semiconductor shares were an important index-level influence during the session.
Attention also turned toward major retailer earnings for a read on consumer demand and margins.
Published Read vs. Actual SPY Result
The published directional read is compared with the completed session outcome.
Price Areas That Actually Mattered
No published UB/LB level qualified for the short list. The complete observation map remains on the Key Levels page.
What the Next Session Is Set Up to Test
SHORT outlook • confirmation 761.99 • invalidation 772.43 • target 756.78 • extension 751.56.
