ACWI is trading 3.3% up following a broad global risk-on move as major U.S. indices climb and technology leads market gains.
- Geopolitical de-escalation around Iran and plunging oil prices are fueling growth stocks worldwide, benefiting the fund's cyclical exposure.
- Strong U.S. manufacturing data is providing a significant boost to the ETF, given its heavy concentration in information technology and other growth-oriented sectors.