AVEM is trading 4.9% up today as global equities experience a broad risk-on rebound, fueled by strong Micron earnings and a recovery in tech and semiconductor sectors.
- Improved sentiment toward growth and AI-linked markets is lifting the diversified emerging markets fund following a recent tech rout.
- Positive U.S. futures and stronger GDP-related data are helping to ease macroeconomic concerns and lift risk assets broadly.
- The rally is being led by Nasdaq futures and the semiconductor industry, signaling a shift back toward growth-oriented global markets.